BASF increases prices for MDI in ASEAN and South Asia

Hong Kong SAR, China – July 29, 2020 – With immediate effect, or as contract terms allow, BASF will increase prices for its Lupranate^® MDI (Methylene Diphenyl Diisocyanate) basic products by $100 to $200 per metric ton in ASEAN and South Asia.

About BASF

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.