COLOGNE, Germany – Specialty chemical company LANXESS is raising prices for its inorganic pigment products worldwide with immediate effect. Prices for iron oxide pigments will increase by a minimum of €200 per metric ton, for chromium oxide pigments by a minimum of €300 per metric ton, and for ferrites by a minimum of €250 per metric ton, or their equivalent in local currency. In addition, depending on the destination, LANXESS will charge a fee to cover increasing transportation costs. Customers will be informed individually as to how it applies to their products.
Detailed information can be found at www.bayferrox.com.