Lanxess to put prices up 20%
31/05/2011
Specialty chemicals provider Lanxess will increase its prices worldwide for leather chemicals by up to 20% effective June 1, 2011, in response to steeply rising raw material costs.
The reason given by the company for this measure is the significant price increase in the key raw materials propylene, naphthalene, phenol, isocyanates, polyols, titanium dioxide and butyl acetate.
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