BASF Color Solutions increases prices for masterbatches
Cologne , Germany – BASF Color Solutions increases prices globally for all masterbatches by minimum 5%. New prices are effective for deliveries starting 1st of July, 2011, or as contracts allow.
These price increases are necessary to cover further significant increase in raw material cost seen for pigments and light stabilizers, plasticizers and polymers as well as increases in other costs like energy and labor costs.
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/masterbatch.
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and agricultural products to 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 about €63.9 billion in 2010 and had approximately 109,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com
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