LANXESS is raising its prices for Durethan A (polyamide 6.6) compounds in Europe, Middle East and Africa by EUR 0.60/kg with immediate effect.
The overall tight market situation with extremely limited availability of raw materials in the PA 6.6 value chain has led to further severe price increases for PA 6.6 base resin.
As there are no signs of a relief, a price adjustment is unavoidable.
The High Performance Materials business unit offers support in exploring opportunities to replace PA 6.6 applications by PA 6 or PBT grades.
LANXESS is a leading specialty chemicals company with sales of EUR 9.7 billion in 2017 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.