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Lanxess Announces Worldwide Price Increase for Rubber Chemicals

On March 25, Lanxess AG announced a worldwide price increase for its rubber chemicals portfolio, effective April 1, 2008. The company attributed the increase to higher costs for raw materials, transport, and energy.

Depending on the region, the price increase per metric ton will comprise up to EUR 350 / USD 700 for vulcanization accelerators (Vulkacit), up to EUR 150 / USD 600 for antioxidants (Vulkanox), up to EUR 250 / USD 850 for antiozonants (Vulkazon) and up to EUR 500 / USD 750 for plasticizers (Vulkanol).

Here is a link to the press release.

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