Cologne, February 10, 2021 – Specialty chemical company LANXESS is raising its prices for iron oxide and chrome oxide pigments worldwide with immediate effect. Prices for iron oxide pigments will increase by EUR 110 per metric ton and for chrome oxide pigments by EUR 220 per metric ton or its equivalent in local currency. Customers will be contacted individually regarding the specifics of the measure as it applies to their products or regions.
The LANXESS 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 colorants for building materials, paints and coatings, plastics, paper and other applications. These high-tinting-strength inorganic pigments are produced according to strict sustainability criteria.
About LANXESS:LANXESS is a leading specialty chemicals company with sales of EUR 6.8 billion in 2019. The company currently has about 14,400 employees in 33 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.
