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BASF increases prices for resins and additives in Europe


WEBWIRE

Effective immediately, BASF increases prices in Europe for resins and additives for the coatings, printing and packaging industries by 5 - 12 % as existing contracts allow. The price increase affects, but is not limited to, the following product ranges: Laromer®, Joncryl®, Basonat®, Luwipal®, Luhydran® and Acronal®.



The price adjustments are necessary mainly due to further significantly increased costs of key raw materials.



Pigments & Resins

The product range of BASF’s Pigments & Resins business unit includes pigments, effect pigments, pigment preparations and dyes, resins, light stabilizers, photoinitiators and additives as well as specific masterbatches in Europe. Our products are manufactured and marketed worldwide. We are one of the world’s leading suppliers in these fields. Further information on our products may be found at www.basf.com/resins.



About BASF

BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals and oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of more than €50 billion in 2009 and had approximately 105,000employees as of the end of the year.



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