Towards the end of the year, the PVC industry is still confronted with the difficult supply situation and the ongoing price increases on the market. Force majeure statements continue. Prices for electricity and gas rise incredibly. The situation hits the whole plastics industry value chain hard.
Lanxess is raising its prices for inorganic pigments globally with immediate effect, subject to existing agreements. Quotations will be increased by EUR 150 minimum per metric ton or its equivalent in local currency.
Wacker is to raise prices for its entire silicones product range. The price increases vary between 10 and 20 percent and will be effective for material shipped from April onwards, as customer contracts allow.
Specialty chemicals group Lanxess is increasing prices for its engineering plastics with immediate effect or as contracts allow. The adjustment affects Europe, the Middle East and Africa. The increase for individual products of the brands is as follows
The expected boom in industrial production has fallen short. The low point of industrial production in April was followed by a slow increase in production in May.
The economic situation of the plastics industry did not change significantly compared to the previous week. Bigger changes are expected after Easter. Many people assume that some companies may not start up after the holidays.
Specialty chemicals company Lanxess is raising its prices for its engineering plastics of the brands Durethan A and Pocan.
Trinseo and its affiliate companies in Europe announced today price increases for all polystyrene (PS), ABS and SAN grades.
Lanxess is raising its prices for Durethan A (polyamide 6.6) compounds in Europe, Middle East and Africa by EUR 0.60/kg with immediate effect.
BASF will increase its prices in EMEA region (Europe, Middle East and Africa) for polymer dispersions by up to 80 euros per metric ton and acrylic hotmelts as well as redispersible powders by up to 140 euros per metric ton.
Clariant to increase prices for masterbatch and compound products containing titanium dioxide, polymers, carbon black, pigments, dyes and additives.
Royal DSM, a global science-based company active in health, nutrition and materials, today announces that significant and continuing cost increases of main raw materials.
