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BASF and Reichhold Announce Rise in Product Prices

Published on 2011-06-24. Author : SpecialChem

The Leading Companies BASF and Reichhold have decided to increase the price of some of their products, as listed in the table below. This price increase is necessary to support continued investment in reliable supply.

Country

Company

Product Name

Price Increase

Date

Europe, Africa and Western Asia BASF Polymer Dispersions as well as Additives 85 Euro per metric ton June 20, 2011
Europe, Africa and Western Asia BASF Acrylic Resins and Redispersible Powders 140 Euro per metric ton June 20, 2011
North America Reichhold, Inc. Unsaturated Polyester Resins $0.05 per pound July 5, 2011
North America Reichhold, Inc. modified vinyl ester resins $0.75 per pound July 5, 2011

This action is driven by the increase of raw materials, packaging and freight costs. The price increase is also to further ensure delivery of the same high quality product and service standards expected by its customers.

Sources: Specialchem Editorial Team
Taken from BASF and Reichhold


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