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Lanxess hikes chloroprene rubber price

GERMAN specialty chemicals firm Lanxess has announced an increase of up to EUR180 (US$245)/per metric tonne in the global price for its Baypren branded Chloroprene Rubber (CR). Increasing raw material and energy prices are pushing the CR cost, says Lanxess.…

IOCL debuts India’s first SBR plant

THE INDIAN Oil Corporation Limited (IOCL), the country’s state-owned oil and gas company, has launched India’s first e-SBR (styrene butadiene rubber) facility, sited at Panipat, near the naphtha cracker plant of the IOCL refinery . M Veerappa Moily, the union…