LANXESS increases prices for hydrazine hydrate
LANXESS Deutschland GmbH will be increasing the price of hydrazine hydrate and the activated hydrazine hydrate Levoxin globally by up to Euro 350 per ton – referring to 100 per cent product – with effect from November 1, 2005, or, as contracts allow. The increase is necessary due to a dramatic increase in energy and raw material costs. Hydrazine hydrate is used in large quantities in the synthesis of pharmaceutical active ingredients, crop protection agents, dyes and other organic derivatives. It also plays an important role as an anti-corrosion agent and as a raw material in the manufacture of chemical blowing agents for the foaming of thermoplastics and elastomers.