BASF increases prices of additives for plastics applications

FLORHAM PARK, NJ, March 15, 2017 -- Effective today, or as contracts allow, BASF will increase the prices for a majority of products in its additives portfolio for plastic applications by 10 percent

Price increases will apply to the following product classes:

• Antioxidants
• Light stabilizers, flame retardants and other plastic additives

The price adjustment is in response to an increase in raw material costs.

About BASF

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 17,500 employees in North America, and had sales of $16.2 billion in 2016. For more information about BASF’s North American operations, visit www.basf.us.

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 114,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of about €58 billion in 2016. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.

A-US-17-023