BASF to increase prices for select polyetheramines in U.S. and Canada

FLORHAM PARK, NJ, December 9, 2020 – Effective January 1, 2021 or as existing contracts permit, BASF will increase its prices in the United States and Canada for select polyetheramine products.

Product                                                                           Price Increase

Polyetheramine D230M                                                   $0.09/lb.

Baxxodur^® EC 301                                                          $0.09/lb.

Polyetheramine D2000                                                    $0.09/lb.

Baxxodur^® EC 303                                                          $0.09/lb.

BASF’s polyetheramine products are featured in many applications as highly efficient curing agents and used in various segments including coatings and sealing compounds, for use in wind energy and electrical industries, as well as in composites, adhesives and flooring. Baxxodur^® is a registered trademark of BASF.

About BASF

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 18,800 employees in North America and had sales of $18.4 billion in 2019. For more information about BASF’s North American operations, visit www.basf.com/us.

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 117,000 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 six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €59 billion in 2019. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.