The company said the action is necessary to cover increases in all input costs including energy, chemicals, environmental, and regulatory. The company develops, manufactures and markets specialty natural-based ingredient systems for a variety of industrial applications.Read more
"We are extremely proud of this achievement and appreciate all of our employees making this milestone possible," said Thiele President and Chairman of the Board Sam Smith.
Thiele employees recently furthered their dedication to creating a safe work environment by formally pledging to work safely.Read more
Effective October 1, 2010 or as contracts allow, BASF will increase prices in Europe, Africa and Western Asia for polymer dispersions as well as additives by 100 Euro per metric ton, resins and redispersible powders by 170 Euro per metric ton. The price adjustments are necessary due to further significantly increased raw material costs. The products affected by the price increase are used as polymers for adhesives, fiberbonding, architectural coatings and construction chemicals.Read more
The two BASF plants, which are designed to high international standards of safety and energy efficiency, are expected to start up production in the third quarter of 2012. They mark the first Asian manufacturing of these products for BASF.Read more