 LANXESS has announced an immediate global price increase for adipic acid. Prices will rise by an average of EUR 100 per metric ton. The adjustment follows sustained increases in production-related expenses, particularly higher raw material costs. The company stated that despite efforts to absorb rising input costs and maintain stable pricing, the revision is necessary to ensure consistent supply and long-term operational stability.
LANXESS is a global specialty chemicals company headquartered in Cologne, Germany. Established in 2004 as a spin-off from Bayer AG, the company has built a strong international presence with operations in more than 30 countries and a workforce of around 11,800 employees. LANXESS focuses on delivering high-performance chemical solutions for a wide range of industries, including automotive, construction, agriculture, electronics, and consumer protection.
The company’s core business spans three main areas: specialty additives, advanced intermediates, and consumer protection products. Its portfolio includes high-quality chemical intermediates, performance additives, antimicrobial solutions, material protection products, and specialty engineering materials. LANXESS products are widely used in applications such as plastics manufacturing, rubber processing, coatings, lubricants, water treatment, and crop protection. By concentrating on value-added segments rather than commodity chemicals, the company has positioned itself as a technology-driven supplier with strong expertise in formulation and process innovation.
Sustainability is a central pillar of LANXESS’ corporate strategy. The company has committed to ambitious climate targets, including becoming climate-neutral by 2040. It continuously works to reduce greenhouse gas emissions, improve energy efficiency, and expand its portfolio of sustainable products. LANXESS has earned recognition in leading sustainability indices and ESG ratings, reflecting its efforts in responsible production, environmental stewardship, and transparent governance.
In recent years, LANXESS has reshaped its portfolio through strategic acquisitions and divestments, strengthening its presence in higher-margin specialty businesses. With annual sales of several billion euros, the company continues to invest in research, digitalisation, and innovation to meet evolving market demands. Through its global network and technical expertise, LANXESS remains a key player in the specialty chemicals sector, supporting industries with reliable, forward-looking solutions.
