BASF increases prices for glues and impregnating resins in Europe
Effective September 1, 2012, BASF is increasing prices for its Kaurit® und Kauramin® brands in Europe by 10 EUR / mt on top of fluctuations in raw material prices as of the month of September.
The price increase is necessary due to higher energy, personnel and maintenance costs.
Kaurit® and Kauramin® glues as well as UV-impregnating resins are condensation products of urea and formaldehyde. Kauramin® additionally contains melamine.
Both Kaurit® und Kauramin® glues are specifically developed for the efficient production of any wood-based material – from chip and fiber boards to OSBs.
Kaurit® and Kauramin® impregnating resins have been designed for impregnating various types of papers, such as overlay, counter balance or décor paper. Both impregnating resins are used for the coating of laminate floors or for the production of furniture.
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success, social responsibility and environmental protection. Through science and innovation we enable our customers in almost all industries to meet the current and future needs of society. Our products and system solutions contribute to conserving resources, ensuring healthy food and nutrition and helping to improve the quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF posted sales of about €73.5 billion in 2011 and had more than 111,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.