Lanxess raises prices for technical rubbers

Leverkusen, Germany-Lanxess AG has raised prices for its technical rubbers, from 1 Jan, subject to contracts. The following products are affected

Buna EP (EPDM) Euro 0.25/kg

Perbunan/Krynac (NBR) Euro 0.25/kg

Baypren (CR) Euro 0.15/kg

Therban (HNBR) Euro 0.50/kg

Levapren/Levamelt® (EVM) Euro 0.35/kg

ESBR EUR 0.20/kg

Commenting on the need for such price increases, Juergen Gunther, head of marketing in Lanxess' Technical Rubber Products unit, explained that, these products still do not have “sufficient profitability.” This is despite recent rises in the price of these products, as well as continuing internal cost-cutting, he added.