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BASF to increase prices for Styrolux®and Styroclear® SBC copolymers in North America

Published on 2009-07-16. Author : SpecialChem

FLORHAM PARK, NJ -- BASF will increase prices of its Styrolux and Styroclear SBC resins by $0.05 per pound in North America, effective July 17, 2009.

This measure is due to continually increasing raw materials, energy and transportation costs. In addition, it is necessary so that BASF can continue to provide high quality products, reliable services and innovative solutions.

Styrolux is BASF's trademark for a portfolio of clear styrene-butadiene copolymers used in injection molding and extrusion thermoplastic applications that offer outstanding clarity, exceptional toughness and low density. Styrolux is used for medical applications, food service products, such as thermoformed clear drinking cups and plates, shrink labels, film wrap, toys and household appliances. Styroclear is a line of injection-molding resins for premium-quality, clear garment hangers.

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 $17.5 billion in 2008.

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals, as well as oil and gas. 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 approximately 97,000 employees and posted sales of more than €62 billion in 2008. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

Source: BASF


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