LANXESS to increase prices for ion exchange resins

Leverkusen – Specialty chemicals company LANXESS is to increase its prices globally for its proven Lewatit ion exchange resins with immediate effect. These measures vary according to field of application and region.

Global price adjustments

Prices for ion exchange resins used in the sweetener and sugar market segments and for chromatography resins will increase by 7.5 percent, while those for ion exchange resins used in cartridges will rise by six percent. 

Prices quoted for LANXESS ion exchange resins for catalysis and chloralkali electrolysis will go up by four percent. 

Price increases in the APAC region

In the Asia-Pacific region, the prices of Lewatit resins for industrial water treatment and ultrapure and nuclear applications will rise by 7.5 percent. 

Prices in the specialized water segment will also go up by 7.5 percent. This applies to ion exchange resins used, for example, in wastewater treatment, the recovery of valuable materials or pollutant removal.

Price increases in the EMEA and NAFTA regions

In Europe and North America, the prices of Lewatit resins for industrial water treatment, ultrapure and nuclear applications and specialties will rise by a uniform four percent. Adsorber and exchange resins used in the pharmaceutical industry and exchange resins for the chemical processing segment will become 7.5 percent more expensive. 

The premium products of the Ion Exchange Resins (ION) business unit play an important role in industrial water treatment, food production and numerous important processes in the chemical industry. Detailed information about the company’s ion exchange resin product range is available on the Internet at www.lewatit.com.

ION is part of LANXESS' Performance Chemicals segment, which recorded sales of EUR 1.97 billion in fiscal 2010.

LANXESS is a leading specialty chemicals company with sales of EUR 7.1 billion in 2010 and currently around 16,100 employees in 30 countries. The company is at present represented at 47 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals. LANXESS is a member of the leading sustainable indices Dow Jones Sustainability Index (DJSI) World and FTSE4Good.

Leverkusen, 	November 24, 2011
bol		(2011-00214e)

Forward-Looking Statements.
This news release may contain forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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