Lanxess hikes prices for urethane products

Cologne, Germany – Lanxess’ urethane systems business unit has introduced a series of price increases for its products, the group announced 2 Oct.

The price increases, which are effective immediately in the three main global regions, are "driven by a continued rise of raw material costs,"  the company said.

In the EMEA region, prices for Adiprene/Vibrathane and other urethane prepolymers will rise by up to €0.80/kg, depending on the product grade.

Also in EMEA, prices for Vibracure and other urethane curatives will rise by up to €0.50/kg, again depending on the product grade

Customers in the Americas will similarly see prices for Adiprene/Vibrathane and other urethane prepolymers rise by up to $ 0.90/kg, and Vibracure and other urethane curatives by up to $ 0.50/kg

Additionally, prices for Fomrez polyester polyols will rise by $ 0.33/kg in the Americas market.

The hikes extend to the APAC region, where the price of Adiprene/Vibrathane and other urethane prepolymers will rise by up to $ 1.73/kg and Vibracure and other urethane curatives by up to 0.8/kg.