LANXESS to increase prices for ion exchange resins
Construction of a new production unit in Asia planned
Effective April 1, 2007, LANXESS's ion exchange resins business unit will increase its prices worldwide for the Lewatit® and Ionac® ion exchange product groups by four to six percent - depending on the energy and raw material requirement in the manufacture of the grade concerned. According to the company, the reasons for the price rises are the continued very high cost of the raw materials and the increase in energy prices, which also lead to more expensive transportation.
To benefit even more strongly from the growing demand in Asia, LANXESS is planning to make an eight-digit investment in a new facility for producing ion exchange resins. This was announced by the Chairman of the Board of Management, Axel C. Heitmann, at the Financial News Conference.
Like existing plants of this type, the new facility shall provide important products for industrial water treatment, food processing, the purification of water and manufacture of ultrapure water and the remediation of contaminated areas, such as those with a high arsenic content.
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