Specialty chemicals company LANXESS’ Inorganic Pigments (IPG) business unit is increasing its prices worldwide for toner oxides effective Oct. 15, 2009.

LEVERKUSEN, Germany – Specialty chemicals company LANXESS’ Inorganic Pigments (IPG) business unit is increasing its prices worldwide for toner oxides effective Oct. 15, 2009. The price increase will comprise up to EUR 175 or $250 per metric ton depending on the product and region. The main reason for this price rise is the significant increase in raw material costs since the beginning of the year.