The increase will take effect in the EMEA, LATAM, APAC and GC regions on April 15, 2014, and in the NAFTA region on April 21.

 

The High Performance Elastomers business unit has announced that the price for grades in the Levapren/Levamelt and Baymod L (EVM) product lines will increase by up to EUR 250 or USD 350 per metric ton.

 

The reason for this price adjustment is the general rise in production costs.

 

For decades, Levapren has proved its mettle as an optimal solution for an extremely wide variety of applications. The oil, ozone and aging-resistant Levapren grades are used, for instance, in vehicle engine compartments. Here, the water and oxygen-proof and UV-resistant rubber Levapren ensures that cable insulation, hoses, seals, and other rubber components remain tight in spite of heat and aggressive fluids. Levapren is to be found in ultralight and nonetheless highly elastic shoe soles and in transparent bellows and robust profiles. In addition, low-flammability floor coverings and cable sheathing made of EVM can save lives if a fire breaks out. The state-of-the-art material from LANXESS is an advantage in all areas where quality, an extremely long service life and safety are critical factors.

 

As MRC wrote previously, last July, Lanxess celebrated the opening of its first production facility in Russia. In the new plant at the Lipetsk site, Lanxess subsidiary Rhein Chemie manufactures polymer-bound rubber additives for the markets in Russia and the Commonwealth of Independent States (CIS), primarily for the automotive and tire industries. A production facility for the bladders used in tire production is to be added in 2016. The overall investment volume in euros amounts to a seven-digit figure.

 

LANXESS is a leading specialty chemicals company with sales of EUR 8.3 billion in 2013 and roughly 17,300 employees in 31 countries. The company is currently represented at 52 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.