Germany-based chemical company Lanxess has increased its prices for chlorotoluenes, cresols and the antioxidants VulkanoxR BHT and VulkanoxR BKF world-wide, with immediate effect. Depending on the product group, the price per metric ton will rise by between 5% and 15% as a function of the proportion of toluene used. The company stated that this increase in prices  was due to the rising cost of raw material toluene and higher energy costs.

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