Ion exchange resins price increase announced

LEVERKUSEN, Germany, Mar. 14, 2011 -- Specialty chemicals company LANXESS plans to increase its prices for Lewatit and Ionac ion exchange resins by up to 10 percent globally...

LEVERKUSEN, Germany, Mar. 14, 2011 -- Specialty chemicals company LANXESS is to increase its prices for Lewatit and Ionac ion exchange resins by up to 10 percent globally. The price increases, which will take immediate effect, are due to the increasing cost of utilities, transportation and raw materials.

The premium products of the Ion Exchange Resins business unit play an important role in industrial water treatment, food processing, the purification of water and manufacture of ultrapure water, and the remediation of contaminated areas, such as those with a high arsenic content.

The Ion Exchange Resins business unit belongs to the Performance Chemicals segment of LANXESS, which achieved total sales in 2009 of EUR 1.530 billion.

LANXESS is a leading specialty chemicals company with sales of EUR 5.06 billion in 2009 and currently around 14,700 employees in 24 countries. The company is represented at 45 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.

###

More in Industrial