Lanxess is the latest chemical supplier to increase prices
21/05/2010
The Leverkusen-based firm said on May 21 that it was raising product prices by between 5% and 8% with immediate effect. For certain products or in certain regions the increase may be even greater. "This measure is primarily due to continued sharp rises in prices for raw materials, especially with respect to monomers, and to increases in transport and energy costs," the company said in a statement.
It offers chemicals for all process steps in leather production. These include inorganic and synthetic tanning materials, preservatives, fatliquors, dyestuffs, tanning and finishing products. The Leather business unit belongs to the Lanxess performance chemicals segment, which achieved total sales in fiscal 2009 of EUR 1.53 billion.
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