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LANXESS increases prices for adipic acid

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Posted By: Sachin Murdeshwar September 3, 2020

Since August 1, 2013, specialty chemicals Group LANXESS is steering its global business from the LANXESS Tower in Cologne.

Since August 1, 2013, specialty chemicals Group LANXESS is steering its global business from the LANXESS Tower in Cologne.

COLOGNE, 3rd SEPTEMBER, 2020 (GPN)– Specialty chemicals company LANXESS is raising its prices for adipic acid globally with immediate effect. The increase amounts for EUR 80 per metric ton. The reason for the adjustment is the significant rise in raw material costs over the past months.

Adipic acid is an important precursor for the production of polyamide 66 based fibers and technical polymers and for the synthesis of polyester polyols for polyurethane systems and thermoplastic polyurethanes. ENDS

About the Author

Sachin Murdeshwar
Sachin Murdeshwar is a Sr.Journalist and Columnist in several Mainline Newspapers and Portals.He is an ardent traveller and likes to explore destinations to the core.

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