Specialty chemicals company LANXESS is implementing a price increase of 50 percent or more for alkylated diphenylamine (ADPA) and diphenylamine (DPA) with immediate effect for all noncontractual volumes.This move comes in response to significantly higher costs for energy, critical raw materials, and logistics amid ongoing geopolitical tensions.
LANXESS has announced a price increase of 50 per cent or more for alkylated diphenylamine and diphenylamine on all noncontractual volumes with immediate effect.
The decision follows rising costs for energy, raw materials, and logistics.
The move aims to ensure supply reliability and long-term sustainability amid ongoing geopolitical pressures.
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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