ARLANXEO INCREASES PRICES FOR ITS BAYPREN PRODUCTS GLOBALLY
FOR ITS BAYPREN \(CR\) PRODUCTS GLOBALLY
Dormagen / Maastricht – ARLANXEO raises its prices for Chloroprene rubber and Chloroprene adhesive grades (CR) globally. In Europe, Middle East, Africa, Latin America and Asia the price adjustment per metric ton for CR is up to 700 EUR and will be effective no later than March 1, 2017.
In North America ARLANXEO USA LLC is going to increase prices from March 22, 2017 up to 770 USD per metric ton for CR products.
The measure is the result of the overall market- and cost developments of the past months.
ARLANXEO distributes CR under the brand name Baypren. CR products are used in applications like cable sheathings, hoses, belts and air springs as well as adhesives.
ARLANXEO is a world-leading synthetic rubber company with sales of around EUR 2.8 billion in 2015, about 3,800 employees and a presence at 20 production sites in nine countries. The company’s core business is the development, manufacturing and marketing of high-performance rubber for use in, for example, the automotive and tire industries, the construction industry, and the oil and gas industries. ARLANXEO was established in April 2016 as a joint venture of LANXESS and Saudi Aramco.