Lanxess ups prices for chloroprene rubber, adhesives
Cologne, Germany – Lanxess’ high performance elastomers business unit is to raise its prices for chloroprene rubber and adhesive grades from Jan, 2016.
The global increase of €250/tonne “reflects the general market and cost development of the last 12 months,” said a company announcement.
Chloroprene elastomers offered under the brand name Baypren are used in applications like hoses, belts, axle boots and air springs as well as for adhesives.
The high performance elastomers unit is part of Lanxess’ performance polymers segment, which recorded sales of 44.128 billion in fiscal 2014.