Industry News

LANXESS Increases Prices for Isopropanolamines

Published on 2005-04-08. Author : SpecialChem

Leverkusen -- With immediate effect, LANXESS Deutschland GmbH will increase its prices worldwide for isopropanolamines (MIPA, DIPA and TRIPA) by EUR 0.10 to 0.15 per kilogram. The reason for the price rise is an increase in raw material and packaging costs.

Isopropanolamines are basic chemicals that are used mainly in natural gas purification, water treatment and the manufacture of pigments.

Forward-looking statements

This news release contains 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 consolidated results, financial situation, development or performance of the company, and the estimates given here. The company assumes no liability to update such forward-looking statements or to adapt to future events or development.

Source: Lanxess

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