ERJ staff report (SS)
Leverkusen, Germany -- Lanxess AG is increasing its prices for sulphuric acid and oleum by Euro 15 per metric tonne, with immediate effect.
The company will also increase it prices for sodium bisulphite solution by Euro 10 per metric tonne.
The company said that the further increase comes as a result of rising raw materials prices, which could not be offset but the previous price increase in 2007.
"To safeguard the supply of our customers in the future, we see no option but to pass on the increased raw material prices," said Frank Michelis, product manager for sulphuric acid in the Basic Chemicals business unit, in a 29 Feb statement.
"Only by doing this we can continue to maintain the same high standards of quality, logistics and service that our customers are used to," he added.