Lanxess Raises Prices for Inorganic Pigments

• (PLX AI) - Lanxess is raising its prices for its inorganic pigment products worldwide with immediate effect.
• • Prices for iron oxide pigments will increase by a minimum of EUR 200 per metric ton, for chromium oxide pigments by a minimum of EUR 300 per metric ton and for ferrites by a minimum of EUR 250 per metric ton, or their equivalent in local currency.
• • In addition, depending on the destination, Lanxess will charge a fee to cover increasing transportation costs. Customers will be informed individually as to how it applies to their products
• • Lanxess Inorganic Pigments business unit is the world's largest manufacturer of synthetic iron oxides and a leading producer of inorganic chrome oxides