Key highlights
- LANXESS raises adipic acid prices by EUR 100 per ton.
- Price increase is effective immediately.
- Higher raw material costs drive the price adjustment.
- The change applies globally.
Price Increase Announcement
LANXESS, a specialty chemicals company, has announced an immediate price increase for adipic acid. The adjustment amounts to an average of EUR 100 per ton and is applicable worldwide.
Reason for Adjustment
The decision to raise prices is driven by ongoing and cumulative cost increases, particularly due to significantly higher raw material costs.
Supply Reliability
Despite efforts to mitigate these cost increases and maintain stable pricing, the adjustment is deemed necessary to ensure the long-term reliability and sustainability of supplies.
