BASF increases Prices for Wet End Paper Chemicals

Ludwigshafen, Germany – December 21, 2009 – Effective January 1, 2010, or as contract terms allow, BASF will be increasing its sales prices for all Wet End Paper Chemicals up to 20% in Europe, the Middle East and Africa.

As a leading supplier BASF develops, produces and markets chemicals for the paper industry for the manufacture of paper and board. Wet-End Chemicals comprise process chemicals to enhance paper machine efficiency, functional chemicals to improve paper properties, colorants and optical brighteners.

About BASF’s Paper Chemicals division

BASF’s Paper Chemicals division offers process chemicals to optimize costs and increase machine efficiency, functional chemicals to lend specific properties to paper, and finishing chemicals to improve the appearance and performance characteristics of printed paper and board. With this comprehensive portfolio, BASF is the leading supplier of paper chemicals worldwide.

BASF established Paper Chemicals as a separate division when it acquired Ciba in April 2009. The ISO 9001:2000-certified Paper Chemicals division operates sites in Europe, Asia and the Americas. For more information, go to http://www.paper-chemicals.basf.com.

About BASF

BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals as well as oil and gas. As a reliable partner BASF helps its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of more than €62 billion in 2008 and had approximately 97,000 employees as of the end of the year.

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