2022-04-04

LANXESS implements variable pricing surcharge for ion exchange resins and iron oxide adsorbers

Cologne, April 4, 2022 – Specialty chemicals company LANXESS will globally implement a variable pricing surcharge for its Lewatit ion exchange resins and Bayoxide iron oxide adsorbers which will be applied with immediate effect. The existing fixed surcharge will be adjusted based on the most relevant input costs on a monthly basis. In April/May 2022 the adder will be at around EUR 0.9/l or the equivalent amount in national currency. Customers will be contacted individually.

This step became necessary since the already tense cost situation has worsened even further due to the war in the Ukraine. The markets worldwide are experiencing an unprecedented volatility and prices for energy, raw materials and transportation increased at unexpected and unpredictable magnitudes.

The LANXESS Liquid Purification Technologies business unit is one of the world’s leading global solution providers for water treatment and liquid purification. Ion exchange resins and iron oxide adsorbers are used in numerous industries and applications to purify water and other liquid media effectively.

Detailed information on products and services can be found at www.lewatit.com.

Forward-Looking Statements
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors, nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person's officers, directors or employees accepts any liability whatsoever arising directly or indirectly from the use of this document.

Information for editors:
All LANXESS news releases and their accompanying photos can be found at press.lanxess.com. Recent photos of the Board of Management and other LANXESS image material are available at photos.lanxess.com. 

You can find further information concerning LANXESS chemistry in our digital magazine “Inside LANXESS” at http://inside.lanxess.com.

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LANXESS is a leading specialty chemicals company with sales of EUR 7.6 billion in 2021. The company currently has about 14,900 employees in 33 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. LANXESS is listed in the leading sustainability indices Dow Jones Sustainability Index (DJSI World and Europe) and FTSE4Good.