Industry News

BASF to Increase Prices for its Acrylic Monomers in North America

Published on 2008-08-26. Author : SpecialChem

CHARLOTTE, NC -- Effective Sept.1, 2008, or as contracts allow, BASF will increase prices on its acrylic monomers sold in the United States, Canada and Mexico by the following amounts:

  • Glacial Acrylic Acid - USD 0.04 per pound
  • Methyl Acrylate - USD 0.05 per pound
  • Ethyl Acrylate - USD 0.05 per pound
  • Butyl Acrylate - USD 0.06 per pound
  • 2-Ethylhexyl Acrylate - USD 0.08 per pound

This action is necessary as a result of continued market tightness for key raw materials and high costs for energy and raw material inputs to produce acrylic acid and acrylic esters, and to ensure that BASF remains a strong and reliable supplier to the acrylates market.

About BASF:

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 15,000 employees in North America, and had sales of approximately $16.4 billion in 2007. BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from oil and gas to chemicals, plastics, performance products, agricultural products and fine chemicals. As a reliable partner, BASF helps its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges, such as climate protection, energy efficiency, nutrition and mobility. BASF has more than 95,000 employees and posted sales of almost €58 billion in 2007. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

Source: BASF

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