Price Increase for Durethan Compounds

Leverkusen - Specialty chemicals company LANXESS will increase its prices for Durethan Compounds in Europe, Middle East and Africa with effect from 01 March 2013. This measure is resulting from the continuing pressure on the material cost base. The increase for Durethan A (Polyamide 6.6) is 0.15€/kg and for Durethan B (Polyamide 6) is 0.25€/kg.

Existing contracts will be honoured.

Polyamides are partially crystalline plastics which offer an ideal combination of properties especially for technical applications. They combine a high mechanical strength and stiffness with good electrical insulation properties, a high resistance to heat and chemicals, low friction, good emergency running properties, wear resistance and the attenuation of noise and vibration, plus outstanding ease of processing.

LANXESS is a leading specialty chemicals company with sales of EUR 8.8 billion in 2011 and currently around 17,100 employees in 31 countries. The company is currently represented at 48 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainable indices Dow Jones Sustainability Index (DJSI) World and FTSE4Good as well as the Carbon Disclosure Leadership Index (CDLI).