Lanxess increase prices on Durethan high-tech plastic

Specialty chemicals group LANXESS will increase prices due to ongoing continuous high level of raw material costs. Prices will raise in Europe, Middle East and Africa for Durethan base resin, film and extrusion grades by 0.15 Euro / kg effective February 1st, 2013.

The respective grades of the high-tech plastic Durethan are primarily used for the production of films for food packaging, industrial films, monofilaments, semi-finished products and as a raw material for compounding.

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).