BASF increases prices for impregnating resins in Europe
With immediate effect BASF increases prices for all its Kauramin® and Kaurit® impregnating resins by €30 per metric ton in Europe on top of fluctuations in raw material prices as of the month of August. The price increase is necessary due to higher costs for personnel, maintenance and logistics.
Kauramin and Kaurit impregnating resins are condensation products of melamine, urea and formaldehyde. They are specifically developed for the efficient lamination of any wood-based material to produce furniture and flooring.Receive the latest press releases from BASF via WhatsApp on your smartphone or tablet. Register for our news service at basf.com/whatsapp-news.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The more than 115,000 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 €64.5 billion in 2017. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.
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