ERJ staff report (DS)
Leverkusen, Germany - Lanxess said it is raising prices of its HNBR and chloroprene rubber materials, effective 1 June.
In HNBR, Lanxess said prices are rising by up to EUR 1,300 per metric ton (USD 2,000 per metric ton), depending on region
In CR the company is raising prices of its Baypren products by up to EUR 400 per metric ton (USD 600 per metric ton), also depending on region.
The company said existing contractual agreements are being taken into account. It blamed the increase on continuously increasing raw material, energy and other costs.
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Press release from Lanxess