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BASF to increase prices for polyurethane systems containing alkyl phosphate esters produced in the United States
WYANDOTTE, MI, December 13, 2024 – BASF will increase prices for polyurethane systems containing alkyl phosphate esters produced in the United States. This increase will be effective for orders shipping on or after January 1, 2025, or as contracts allow.
This price increase is due to increasing market price of raw materials resulting from anti-dumping duties for alkyl phosphate esters from China, effective November 27, 2024.
More information on determination of anti-dumping duties for alkyl phosphate esters can be found on the United States International Trade Administration website:
About BASF
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has approximately 16,000 employees in North America and had sales of $20.5 billion in 2023. For more information about BASF’s North American operations, visit www.basf.com/us.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €68.9 billion in 2023. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.