COLOGNE—Lanxess A.G.'s High Performance Elastomers business units increased its prices for NBR globally, effective Nov. 1.
The company said the adjustment is $150 per metric ton for specialties and about $200 per metric ton for standard qualities. In Euro markets the increase is 60 Euros ($82) and 100 Euros ($137), respectively.
Lanxess said the increase is due to rising costs for raw materials.