BASF to increase prices on polymer dispersions, additives by €110/tonnes, acrylic resins, redispersible powders by €180/tonnes in Europe, Africa, Western Asia, effective April 15

LUDWIGSHAFEN, Germany , April 12, 2011 (press release) – Effective April 15, 2011, or as contracts allow, BASF will increase prices in Europe, Africa and Western Asia for polymer dispersions as well as additives by 110 Euro per metric ton and acrylic resins and redispersible powders by 180 Euro per metric ton. The price adjustments are necessary due to significantly increased raw material costs.

The products affected by the price increase are used as polymers for adhesives, fiberbonding , architectural coatings and construction chemicals.

About BASF

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 or in its Social Media Newsroom at newsroom.basf.com.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.