LANXESS increases prices for Macrolex and Ceres solvent dyes
Wednesday, 03. January 2018
Specialty chemicals company LANXESS globally increases the prices by up to 20 percent with immediate effect for selected products of its solvent dyes portfolio marketed under the brand names Macrolex and Ceres. The price adjustments predominantly affect solvent dyes used in the plastics and automotive industries. This measure is necessary due to the current market situation, significantly higher raw material costs and rising costs for environment, health and safety as well as maintenance.
Macrolex and Ceres solvent dyes for plastics are characterized by high heat stability, good lightfastness and weather resistance, high color strength and outstanding brilliance. The dyes are ideally suited for the coloration of amorphous thermoplastics such as PS, PC, PMMA and PET. With the Macrolex range of soluble organic dyes, LANXESS provides an innovative coloring technology for plastics that combines excellent dyeing properties and processability as well as compliance with high ecological standards.
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions, contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person’s officers, directors or employees accept any liability whatsoever arising directly or indirectly from the use of this document.
LANXESS is a leading specialty chemicals company with sales of EUR 7.7 billion in 2016 and about 19,200 employees in 25 countries. The company is currently represented at 74 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. Through ARLANXEO, the joint venture with Saudi Aramco, LANXESS is also a leading supplier of synthetic rubber. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.
Cologne, January 2, 2018, 03. January 2018
bit (2018-00001e )
This news release contains forward-looking statements based on current assumptions and forecasts made by the management of Rhein Chemie Rheinau GmbH. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of our sole stockholder LANXESS Deutschland GmbH and the estimates given here. These factors include those discussed in LANXESS AG’s reports to the Frankfurt Stock Exchange. LANXESS AG and Rhein Chemie Rheinau GmbH assume no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.