DORMAGEN, Germany—Arlanxeo will increase the prices of its chloroprene rubber and chloroprene adhesive grades beginning in March. The firm cited overall market cost developments as the reason for the increase.
Throughout Europe, Middle East, Africa, Latin America and Asia, prices will increase as much as $740 per metric ton beginning no later than March 1. Arlanxeo USA L.L.C. will increase prices of CR products up to $770 per metric ton beginning no later than March 22.
Arlanxeo's CR products go to market under the Baypren brand name, and are used in such applications as cable sheathings, hoses, belts and air springs, as well as adhesives.