COLOGNE, Germany—Lanxess A.G. will raise prices for ethylene-vinyl acetate synthetic rubber grades.
The increases will take effect in the EMEA, LATAM, APAC and GC regions on April 15 and in the NAFTA region on April 21.
The high performance elastomers business unit will increase the Levapren/Levamelt and Baymond L product lines by up to $350 per metric ton.
The firm cited general increases in production costs as the primary reason for the increase.
Lanxess said Levapren is used in a wide variety of applications, including cable insulation, hoses, seals and other rubber components in vehicle engine compartments; highly elastic shoe soles; transparent bellows and robust profiles; and low-flammability floor coverings and cable sheathing.
Levamelt adhesives are used in detachable stickers and hot melt adhesives.