International. Specialty chemical company Lanxess revealed that it is increasing its prices worldwide for inorganic pigments with immediate effect, subject to existing contracts.
The price adjustment shall comprise EUR 140 per metric tonne for iron oxide pigments and EUR 280 per metric tonne for chromium oxide pigments or their local currency equivalent. The company indicated that customers will be contacted individually regarding the details of the price increase that applies to their products or regions.
Lanxess' Inorganic Pigments business unit is one of the world's largest manufacturers of synthetic iron oxides and one of the leading producers of inorganic chromium oxides. These products have a history dating back many decades as dyes for building materials, paints and coatings, plastics and paper, and as special pigments for toners and other applications.
They are marketed under the names Bayferrox, Bayoxide and Colortherm. These inorganic pigments of high staining intensity are produced according to strict sustainability criteria.
