Lanxess increases price of adipic acid
COLOGNE, December 1, 2020
Specialty chemicals company Lanxess is raising its prices for adipic acid by EUR 90 ($107.66) per metric tonne globally with immediate effect. The reason for the adjustment is the significant rise in raw material costs over the past months.
Adipic acid is an important precursor for the production of polyamide 66 based fibres and technical polymers and for the synthesis of polyester polyols for polyurethane systems and thermoplastic polyurethanes. -- Tradearabia News Service