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BASF to Increase Prices for Intermediates in North America

Published on 2005-12-02. Author : SpecialChem

FLORHAM PARK, N.J. -- Effective January 1, 2006, or as allowed by contract, BASF will increase its list and off-list selling prices in the United States, Canada and Mexico by $ 0.05 per pound for its Caprolactone Monomer (CLO) and all grades of its NEOL™ Neopentylglycol. BASF will also increase prices for all grades of its 2-Pyrrolidone by eight percent.

These increases are necessary to address record-high energy, raw material, and logistics costs. In addition, BASF Corporation will continue to enforce previously announced sales control measures that limit monthly shipments to the customers’ average purchase volumes in the previous 12 months unless otherwise provided by contract.

Price increases listed above are in U.S. dollar currency.

NEOL is a trademark of BASF Aktiengesellschaft.

BASF - The Chemical Company. We don't make a lot of the products you buy. We make a lot of the products you buy better.®
BASF Corporation, headquartered in New Jersey, is the North American affiliate of BASF AG, Ludwigshafen, Germany. Rated in FORTUNE magazine as America’s Most Admired Chemical Company, we employ about 10,000 people in North America and had sales of approximately $11 billion in 2004.

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 intelligent solutions and high-value products help its customers to be more successful. BASF develops new technologies and uses them to open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future. In 2004, BASF had approximately 82,000 employees and posted sales of more than $50 billion. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA), New York (BF), and Zurich (AN).

Source: BASF

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