COLOGNE—Lanxess A.G. will raise prices worldwide for rubber chemicals supplied by the Rubber Chemicals business unit effective Jan. 1, 2014.
The firm said the increases are required to offset raw material cost increases in the first quarter, 2014, as well as general fix cost increases.
The increases will range from 10 cents and 40 cents per kilogram depending on the product and the region.
The increases impact all product lines including Volkanox antidegradants, Vulkacit accelerators and specialty chemicals such as bonding agents, retarders, plasticizers and DBD based peptizers.
These chemicals are primarily used in manufacturing rubber products such as tires, hoses and profiles, and the production of drive elements.
The Rubber Chemicals business unit is part of Lanxess' Performance Chemicals segment.