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BASF Resins announces price increase in North America

Published on 2007-08-20. Author : SpecialChem

WYANDOTTE, MI -- BASF Resins announced that it will increase prices an average of five percent, effective September 15, 2007, or as contracts allow. The price increase includes, but is not limited to, the following product lines: JONCRYL®; Basonat™; Luwipal®; Laromer®; Laropal®; Lucirin®; Luhydran™; Laroflex®; Luron®; and Plastopal®.

The price adjustments pertain to North American markets only and are necessary due to escalating transportation, raw material and energy costs in the region.

JONCRYL is the trade name for BASF's portfolio of styrene acrylic, acrylic and high solids polymers used in the printing and packaging, coatings and functional coatings markets. JONCRYL is a registered trademark of BASF Corporation. All other product names are trademarks of BASF AG.

BASF - The Chemical Company.

BASF Corporation, headquartered in New Jersey, is the North American affiliate of BASF AG, Ludwigshafen, Germany. BASF employs more than 15,500 in North America and had sales of approximately $14.3 billion in 2006.

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. As a reliable partner to virtually all industries, BASF's high-value products and intelligent system solutions help its customers to be more successful. BASF develops new technologies and uses them to meet the challenges of the future and open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future. BASF has approximately 95,000 employees and posted sales of €52.6 billion (approximately $66.1 billion) in 2006. BASF AG, Ludwigshafen, Germany. BASF employs more than 15,500 in North America and had sales of approximately $14.3 billion in 2006.

Source: BASF


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