Germany: Specialty chemicals company LANXESS will globally implement a variable pricing surcharge for its Lewatit ion exchange resins and Bayoxide iron oxide adsorbers which will be applied with immediate effect.
The existing fixed surcharge will be adjusted based on the most relevant input costs on a monthly basis. In April/May 2022 the adder will be at around EUR 0.9/l or the equivalent amount in national currency. Customers will be contacted individually.
As per the company officials, this step became necessary since the already tense cost situation has worsened even further due to the war in Ukraine.
The markets worldwide are experiencing unprecedented volatility and prices for energy, raw materials and transportation increased at unexpected and unpredictable magnitudes.
LANXESS is a leading specialty chemicals company with sales of EUR 7.6 billion in 2021. The company currently has about 14,900 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.
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