Cologne – Specialty chemicals company LANXESS is raising its prices due to the increasing raw material costs with immediate effect for its engineering plastics of the brands Durethan A (polyamide 6.6) and Pocan (polybutylene terephthalate – PBT, blends).
For polyamide 6.6 compounds, the adjustment will be EUR 0.60 per kilogram and will affect Europe, the Middle East and Africa.
The increase for PBT compounds per kilogram amounts to
• EUR 0.20 in Europe, the Middle East and Africa,
• USD 0.15 in the region Asia Pacific,
• USD 0.15 in North America and Canada.
For specific grades of both brands the increase may be higher.
LANXESS is a leading specialty chemicals company with sales of EUR 9.7 billion in 2017 and about 19,200 employees in 25 countries. The company is currently represented at 74 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.
Cologne, November 9, 201
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