ARLANXEO TO INCREASE PRICES
FOR ITS KELTAN \(EPDM\) PRODUCTS
Geleen / Maastricht – ARLANXEO raises its prices for Ethylene propylene diene rubber grades (EPDM) as follows:
- In Europe, Middle East and Africa effective as of March 16th, 2017 up to 150 euro per metric ton.
- In Latin America effective as of April 1st, 2017 up to 150 US$ per metric ton.
- In NAFTA effective as of April 1st, 2017 up to 150 US$ per metric ton.
The measure is the result of the overall market and cost developments of the past months.
ARLANXEO distributes EPDM under the brand name Keltan.
EPDM products are used in applications like automotive, building & construction, plastics modification, consumer goods, cable & wire, and tubes.
ARLANXEO is a world-leading synthetic rubber company with sales of around EUR 2.7 billion in 2016, 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.