FLORHAM PARK, NJ, May 28, 2008 – BASF will increase prices of its Styrolux® and Styroclear® SBC resins by $0.06 per pound in North America, effective June 16, 2008.  This increase is in addition to the previously announced increase that was effective in May 2008.

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.

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