Lanxess hikes chloroprene rubber price

lanxessGERMAN 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. Subject to the terms of any applicable contracts and regulations, price increases will be implemented starting November 15, 2013.

The Baypren brand CR is used in applications like cable sheathings, hoses, belts and air springs.