COLOGNE, Germany – Specialty chemicals group LANXESS is increasing its prices worldwide for inorganic pigments by a minimum of €125 per 1000 kg ($175 or local currency equivalent), with immediate effect. Customers will be contacted individually regarding the specifics of the price increase as it applies to their products or regions.

Iron oxides produced by LANXESS’ Inorganic Pigments business unit are marketed under the trade names Bayferrox, Bayoxide and Colortherm.