BASF to increase prices for Dispersions and Resins for Architectural, Industrial, Printing & Packaging industries in North America

CHARLOTTE, NC, APRIL 18, 2022 – Effective May 1, 2022, or as existing contracts allow, BASF Dispersions & Resins is increasing prices in the following categories:

Dispersions for Architectural and Industrial industries will increase up to $0.12/lb. The product lines include ACRONAL^® and AQACell^®. These price increases are driven by surging raw material, transportation, and energy costs.

Due to the severe escalation of costs for key raw materials over the past four weeks, Resins, under the product names JONCRYL^® and ACROFLOR^®, will increase as follows:

• Emulsions: $0.05/lb
• Polyols: $0.12/lb
• Solid Resins: $0.07/lb
• Resin Solutions: $0.03/lb

These increases are necessary to provide a continued and sustainable supply to our customers.

About BASF

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 16,700 employees in North America and had sales of $25.9 billion in 2021. 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. Around 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €78.6 billion in 2021. 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.