FLORHAM PARK, NJ, May 19, 2008 -- BASF will increase prices for all list and off list selling prices for Normal Butanol, Isobutanol, 2-Ethyl Hexanol, 2-Propyl Heptanol, pentanol mix and pentanol mix derivatives (pentyl acetate and Iso pentanol blend) by $0.03 per pound in its petrochemicals product line in North America, effective June 1, 2008, or as contracts permit for all shipments.

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 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. 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.

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). Further information on BASF is available on the Internet at www.basf.com.