Specialty Chemicals Company LANXESS is raising its prices for its engineering plastics of the brands Durethan A (polyamide 6.6) by EUR 0.25 per kg, Durethan B (polyamide 6) by EUR 0.15 per kg and Pocan (polybutylene terephthalate, blends) by EUR 0.20 per kg with immediate effect. The adjustment is due to strongly increased raw material prices and applies to Europe, the Middle East and Africa. Insofar as conditions permit, the price increase also affects existing contracts. For special materials, higher adjustments are possible.
About LANXESS:
LANXESS is a leading specialty chemicals company with sales of EUR 6.8 billion in 2019. The company currently has about 14,400 employees in 33 countries. 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.