Specialty chemicals company LANXESS is raising its prices for 1,6-Hexanediol with immediate effect. The increase amounts to an average of 20 percent and applies worldwide.This decision reflects the ongoing, cumulative cost increases. These include significantly higher energy costs and higher raw material costs.
Specialty chemicals company LANXESS has announced a global price increase of around 20 per cent for 1,6-Hexanediol with immediate effect.
The company cited rising production costs, including significantly higher energy and raw material prices.
Despite efforts to absorb these costs, the adjustment is needed to ensure reliable supply and maintain long-term operational sustainability.
Despite intensive efforts to mitigate cost increases and maintain stable prices, an adjustment is necessary to ensure the long-term reliability and sustainability of supplies.
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ALCHEMPro News Desk (JP)