Due to the rising energy costs, LANXESS has announced that it will temporarily increase the prices for the inorganic pigments.
The specialty chemicals company LANXESS has stated that it is imposing temporary inflation surcharges for its range of inorganic pigments worldwide with immediate effect. The reason for this choice is due to the massive increase in energy costs for electricity, gas and steam.
After a first increase at the beginning of September 2021, prices for iron oxide and chrome oxide pigments from all production sites will now rise by € 300 per metric ton, or the equivalent amount in the national currency. LANXESS will individually inform its customers about the effects of this increase.
The Inorganic Pigments business unit (IPG) of the company is a global manufacturer of synthetic iron oxides and inorganic chrome oxides. Its products have been used as colorants for building materials, paints and coatings, plastics, paper and other applications for many decades. All the inorganic pigments are produced according to strict sustainability criteria.