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BASF to increase prices for styrene-butadiene based polymers in North America
CHARLOTTE, NC, January 20, 2017 – Effective February 15, 2017 or as contracts allow, BASF will increase prices for styrene-butadiene latex polymers sold in North America. Prices will increase $0.10 per wet pound on polymers supplied to the asphalt paving market. The increase is necessitated by recent cost increases in the production of these products.
About BASF’s Dispersions & Resins Business in North America
The Dispersions & Resins business of BASF develops, produces and markets a range of high-quality resins, additives, colorants and polymer dispersions. These raw materials are used in formulations for coatings and paints, printing and packaging products, construction chemicals, adhesives, fiber bonding, nonwovens, and paper manufacturing. With a comprehensive product portfolio and extensive knowledge of the industries we serve, our customers benefit from innovative and sustainable solutions to help them advance their formulations through chemistry. For further information about the Dispersions & Resins business in North America, please visit http://www.basf.us/dpsolutions
About BASF
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has nearly 17,500 employees in North America, and had sales of $17.4 billion in 2015. For more information about BASF’s North American operations, visit www.basf.us.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 112,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of more than €70 billion in 2015. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information at www.basf.com.
P-US-17-006