ARLANXEO TO INCREASE PRICES FOR THERBAN
HNBR PRODUCTS GLOBALLY
Maastricht – ARLANXEO raises its prices for Therban® products globally. In Europe, Middle East, Africa, Latin America and Asia the price increase per metric ton for Therban® is 600 EUR, respectively 650 USD and will be effective as of April 1, 2017.
In North America ARLANXEO USA LLC is going to increase prices from May 1, 2017 by 650 USD per metric ton for HNBR products.
The adjustment is necessary to secure a stable and reliable supply of our HNBR products.
ARLANXEO distributes HNBR (Hydrogenated Nitrile Butadiene Rubber) under the brand name Therban®. Therban® products are used in applications like belts, hoses, seals, as well as pump stators.
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.