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BASF to hike resins and additives prices by 3-10% in Europe, Africa and western Asia from July 1

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BASF to hike resins and additives prices by 3-10% in Europe, Africa and western Asia from July 1

June 26, 2013 - 00:42
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LUDWIGSHAFEN, Germany, June 26, 2013 (Press Release) -With effect from July 01, 2013, or as contracts allow, BASF will increase prices in Europe, Africa and Western Asia for Resins and Additives by 3-10%. The price increase is necessary to offset continued high feedstock costs, transportation and energy costs.

The products affected by the price increase are used as raw materials in the coatings, printing and packaging industries.