ARLANXEO INCREASES PRICES FOR ITS PRODUCTS
FOR ITS BUNA® AND X_BUTYL® PRODUCTS GLOBALLY
Maastricht – ARLANXEO increases its prices for its Buna® and X_Butyl® products globally effective May 1, 2018.
- The price increase is driven by the overall market situation.
- ARLANXEO has contacted its customers individually regarding the price increases.
- ARLANXEO’s rubber products distributed under the brand names Buna® and X_Butyl® are used in the tire industry and for several non-tire applications like medical and pharmaceutical, plastic modification, gum or technical rubber goods.
ARLANXEO is a world-leading synthetic rubber company with sales of around EUR 3.2 billion in 2017, 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.