Lanxess increases prices for iron oxides and chrome oxides

Speciality chemicals company Lanxess is raising its prices worldwide for inorganic pigments with immediate effect, subject to existing contracts. The price adjustment will comprise €140/t for iron oxide pigments and €280/t for chrome oxide pigments or its local currency equivalent. Customers will be contacted individually regarding the specifics of the price increase as it applies to their products or regions.

Lanxess’s Inorganic Pigments business unit is the world’s largest manufacturer of synthetic iron oxides and a leading producer of inorganic chrome oxides. These products have a track record going back many decades as colourants for building materials, paints and coatings, plastics and paper and as speciality pigments for toners and other applications. They are marketed under the names Bayferrox, Bayoxide and Colortherm. These high-tinting-strength inorganic pigments are produced according to strict sustainability criteria.

Detailed information can be found on the internet at http://www.bayferrox.com.