HZ info,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.

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.