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BASF announces price increase for Styropor® Expandable polystyrene in North America

Published on 2010-01-14. Author : SpecialChem

FLORHAM PARK, NJ -- BASF announced it will increase the price for all grades of Styropor® Expandable polystyrene in North America by $0.08 per pound, effective Feb. 1, 2010, or as contracts permit. This increase is necessary due to raw material cost increases, particularly benzene, a principal precursor in the production of EPS.

About BASF

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 15,000 employees in North America, and had sales of approximately $17.5 billion in 2008.

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 and 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.

Source: BASF

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