LANXESS increases price level for Chloroprene Rubber

09-Feb-2012 - Germany

LANXESS announced a price increase for its Baypren branded Chloroprene business line of up to EUR 180 EUR / 240 USD per metric ton on a global basis. Reason being the since early 2012 again increasing raw material and energy prices amidst a tightening market for the respective feedstocks. Subject to the terms of any applicable contracts and regulations, price increases will be implemented starting February 15th, 2012.

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