BASF to increase prices for several amine intermediates in North America

FLORHAM PARK, N.J., November 22, 2006 – Effective December 1, 2006, or as contracts allow, BASF will increase off list prices in the United States, Canada and Mexico by $0.05 per pound on its Dimethylaminopropylamine (DMAPA), Dimethylethanolamine (DMEOA) and Methyldiethanolamine (MDEOA) intermediates.

General uses of these amine intermediates include the manufacture of fabric softeners, dyes, plastics, pharmaceuticals, surfactants, pharmaceutical products and coatings as well as gas scrubbing and water treatment products.

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