LANXESS increases prices for ion exchange resins

Leverkusen – Specialty chemicals company LANXESS is to increase its prices worldwide for ion exchange resins with immediate effect as a result of the continued high costs of raw materials and higher energy and transportation expenses. According to Peter Steglich, head of Marketing in LANXESS’ Ion Exchange Resins business unit, prices for Lewatit and Ionac products will rise by up to 12 percent in Europe, the United States and Japan and by up to 15 percent in all other regions – depending on the energy and raw material requirement in the manufacture of the grade concerned and on logistic costs.

The premium products of the Ion Exchange Resins business unit play an important role in industrial water treatment, food processing, the purification of water and manufacture of ultrapure water and the remediation of contaminated areas, such as those with a high arsenic content. Detailed information on LANXESS’ ion exchange resin range can be found at www.lewatit.com. 

The Ion Exchange Resins business unit is part of LANXESS’ Performance Chemicals segment, which achieved total sales of EUR 1,530 million in 2009. 

LANXESS is a leading specialty chemicals company with sales of EUR 5.06 billion in 2009 and currently around 14,500 employees in 23 countries. The company is represented at 42 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.

Leverkusen, 	December 15, 2010	
bol		(2010-00201e)

Forward-Looking Statements.
This news release may contain forward-looking statements based on current assumptions and forecasts made by LANXESS AG management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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