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2006-10-04 News Release

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LANXESS raises prices on ABS plastics, resins, technical rubber products

LANXESS explains, the continuing high cost of raw materials and the steep rise in energy and transport costs are the reasons for the plastics, resins and rubber price increases.

Effective immediately, the LANXESS chemicals group has increased its prices for ion exchange resins, technical rubber products and ABS plastics. The reasons for the price rises are the continued high cost of the raw materials and the drastic increase in energy and transport expenditure.

Find Information and Suppliers of ion exchange resins.

LANXESS’s Ion Exchange Resins business unit has increased its prices worldwide for the Lewatit* and Ionac* product groups by five to seven percent - depending on the energy and raw material requirement in the manufacture of the grade concerned.

The ion exchange resins Lewatit and Ionac are leading brands and are used above all in industrial water treatment, consumer applications, catalysis and chemical processes. The Ion Exchange Resins business unit belongs to the Performance Chemicals segment, which achieved total sales in 2005 of EUR 1.977 billion.

LANXESS’s Technical Rubber Products (TRP) business unit has increased its prices for the product groups Baypren* (CR), Buna* EP (EPDM), Krynac*/Perbunan*/Baymod* N (NBR) and Krylene*/Krynol* (E-SBR). The price rise is between EUR 50 and 400 per metric ton, depending on the product group. The areas affected are Europe, Africa, Middle East and Latin America. The price rises, which affect the regions of Europe, Africa, Middle East and Latin America, are caused by the continued high cost of the raw materials plus soaring energy costs. The Technical Rubber Products business unit belongs to the Performance Rubber segment, which achieved total sales of EUR 1.678 billion in fiscal 2005.

LANXESS’s technical rubber products are used above all in the automotive, mechanical engineering, construction, electrical and footwear industries.

The Lustran Polymers business unit has increased its prices for the plastics Kunststoffe Novodur*, Lustran*(ABS) and Triax* (PA/ABS) in Europe and Latin America by EUR 150 per metric ton.

LANXESS engineering plastics are used mainly in the automotive industry, in electrical engineering and electronics, in domestic appliances and in medical technology. The Lustran Polymers business unit is part of the Engineering Plastics segment, which recorded sales of EUR 1.737 billion in 2005.

* Kunststoffe Novodur, Lustran, Triax, Lewatit and Ionac, Baypren, Buna EP, Krynac/Perbunan/Baymod N and Krylene/Krynol product groups are registered trademarks of LANXESS.

Find Information about Lanxess AG.

Read a recent press release about - No chance for wood-destroying termites and beetles with two new insecticidal preservative formulations for protecting wood and wood composites from LANXESS.

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