LANXESS: Price adjustment for engineering plastics

Specialty chemicals company LANXESS AG is to increase its prices for Durethan Compounds (Polyamide Compounds, PA) and Pocan Compounds (Polybutylenterephthalate Compounds, PBT) in Europe, the Middle East and Africa by at least EUR 0.30 per kilogram effective February 14, 2011.

This price adjustment has become unavoidable because the costs have risen significantly, says the company.

The high-performance plastics Durethan and Pocan are used in numerous applications in the automotive, electrical/electronics and household industries.

The Semi-Crystalline Products business unit belongs to the Performance Polymers segment, which achieved sales of EUR 2.39 billion in 2009.