HZ info,Specialty chemicals company LANXESS is raising its prices for Trimethylolpropane 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.

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.