Maastricht, Netherlands – The Lanxess-Saudi Aramco rubber JV, Arlanxeo, has raised prices for its Ethylene propylene diene rubber grades (EPDM) products sold under Keltan brand.
In Europe, Middle East and Africa prices will increase about €125 per tonne, effective 1 Feb.
China and Latin America will see prices rising about $150 per tonne by mid-February. Price hike will be effective in China on 15 Feb and in Latin America on 13 Feb.
According to Arlanxeo the measure is a result of “the overall market and cost developments of the past months.”