LANXESS increases prices for leather chemicals30 September 2008
LANXESS AG are raising their prices worldwide for leather chemicals effective October 1, 2008. The increases, which vary according to region, are in the single and double digit percentage range, depending on the product. The Leather business unit sees itself forced to pass on to the market the increased costs of raw materials, energy and transport, which differ significantly from one product to the next.
LANXESS are one of the few suppliers worldwide to supply products needed in all stages of leather manufacture including inorganic and synthetic tanning materials, preservatives and fatliquoring agents, dyestuffs and tanning and finishing auxiliaries. Detailed information can be found on the Internet at http://www.lanxessleather.com/ The Leather business unit belongs to LANXESS's performance chemicals segment, which achieved total sales in fiscal 2007 of E1,970 million.LANXESS are a leader in speciality chemicals with sales in 2007 of E6.61 billion and currently around 15,100 employees in 21 countries. The company are represented at 44 production sites worldwide. LANXESS's core business comprises the development, manufacture and sale of plastics, rubber, intermediates and speciality chemicals.