15 March 2017
Finland
Media

BASF increases prices of additives for plastics applications

Hong Kong – March 15, 2017 – Effective today, or as contracts allow, BASF is increasing the prices by 10 percent globally for a majority of products in its additives portfolio for plastic applications.

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 increasing raw material costs.

About BASF
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.

P-17-157

Last Update 15 March 2017