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BASF to increase prices for high solids styrene-butadiene dispersions for asphalt

CHARLOTTE, N.C., November 1, 2006 – Effective December 1, 2006, or as contracts allow, BASF will increase prices in the United States and Canada by $0.08 per wet pound on its Butonal® high solids styrene butadiene (SBR) latex dispersions used for asphalt modification.

This increase is necessary to address increases in raw materials, transportation and energy costs.

BASF polymer dispersions for asphalt modification enhance the mechanical properties of pavement and result in increased durability, longevity, and reduced road maintenance costs.  BASF is the worldwide leader in the supply of high solids styrene butadiene polymers for asphalt modification that are used in hot mix, warm mix, and asphalt emulsions. BASF’s high performance asphalt modifiers set the industry standard and help customers meet U.S. Department of Transportation specifications. 

Butonal is a registered 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. BASF employs about 10,000 people in North America and had sales of approximately $11.3 billion in 2005. For more information about BASF’s North American operations, or to sign up to receive news releases by e-mail, visit www.basf.com/usa.

As the world’s leading chemical company, BASF's portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. BASF’s intelligent system 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 2005, BASF had approximately 81,000 employees and posted sales of more than $50.4 billion. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA), New York (BF), and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.

For more information, contact:
Bill Pagano
BASF
Tel: (973) 245-6071
E-mail: william.pagano@basf.com

 

     
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