DORMAGEN, Germany—Arlanxeo is going to raise its prices for chloroprene rubber and chloroprene adhesive grades in Europe, Middle East, Africa, Latin America and Asia.
The product will increase $230 per metric ton, and the increase will be effective Nov. 15.
Arlanxeo said the increase is a result of the overall market and cost developments of the past months.
Arlanxeo distributes chloroprene rubber under the brand name Baypren. CR products are used in applications such as cable sheathings, hoses, belts and air springs as well as adhesives.