Lanxess increases EPDM prices

ERJ staff report (RD)

Leverkusen, Germany - Lanxess AG's Technical Rubber Products (TRP) business is increasing price for ethylene propylene diene rubber (EPDM) globally as of 1 Aug 2009, the company said 24 July.

Depending on regions and rubber grades, the price increase per metric ton will be up Euro 150/ USD 250, the statement said, adding that the increases are “unavoidable because the costs for raw materials have risen significantly since the beginning of the year.”

EPDM is a rubber material used in a range of applications including hoses, gaskets, sealings, floor coverings and cable sheathings.

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Press release from Lanxess AG