SPECIALTY chemicals company Lanxess will increase its prices worldwide for rubber chemicals supplied by the Rubber Chemicals business unit effective July 1.
The price increases, which are needed to offset higher production costs, will impact the Vulkanox (antidegradant) and Vulkacit (accelerator) product groups, and will range between EUR0.05/kilogramme and EUR0.20/kilogramme (US$0.10 and US$0.30) depending on the product and region.
The rubber chemicals Vulkanox and Vulkacit are primarily used in the manufacture of rubber products such as tyres, hoses and profiles and in the production of drive elements.