Chemicals to face new price rise, as Stahl announce they will raise auxiliaries up to 5/10 per cent

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On 20th December 2017, Lanxess adjusted (for the third time in few months) the price list of their chromium-based products. Now, five weeks later, prices are about to go up again. That is the reason: “In 2017 we implemented a set of actions to soften the effects of raw materials instability on our products. We can’t do it any more now”. Such is the statement released by Dutch multinational Stahl, who bought out Basf last year, while announcing, last Friday, that they will “raise prices, up to 5/10 per cent, in all their business segments worldwide”. Such decision, following last year cost avoidance, is considered to be inevitable now – says Huub van Beijeren, chief executive officer of the Dutch group – in order to keep providing all of our customers with quality and seamless provisions”. According to Stahl, the current price rise does not result only from the raw materials price trend, but also “from the combination of this element with other factors, such as global inflation that is affecting labour costs. We will contact every single client to discuss and evaluate the effects of this increase”.

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