LEVERKUSEN, Germany (June 28) — Lanxess´ Technical Rubber Products business unit will increase prices for selected product groups effective July 1, the company announced today.
The products include Lanxess´ Baypren, Buna EP, Krynac/Perbunan/Baymod N, Levapren/Baymod L/Levamelt and Krylene/Krynol branded materials.
The price hikes will be between $87 and $376 per metric ton, depending on the product group, the company said. The increases, which affect the regions of Europe, Africa, the Middle East and Latin America, are a result of continued high raw materials and energy costs, Lanxess said.
The firm´s technical rubber products are used in a variety of markets, including the automotive, mechanical engineering, electrical and footwear industries.