BASF increases prices for additives for plastic applications as well as for coating applications
Ludwigshafen, Germany – November 5, 2014 – Effective today, or as contracts allow, BASF is increasing prices for the majority of products in its additives and stabilizers portfolio for plastic applications as well as for several light stabilizers for coating applications by up to 10%.
Price adjustments are a response to increasing costs. They also reflect the commitment to sustainable business standards.
Price increases will apply to the following product classes:
- Antioxidants and Process Stabilizers
- Light Stabilizers and other Plastic Additives
- Light Stabilizers for coating applications
About BASF
At BASF, we create chemistry – and have been doing so for 150 years. Our portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As the world’s leading chemical company, we combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of about €74 billion in 2013 and over 112,000 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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