Industry News

BASF announces price increases on Styropor® and Neopor® expandable polystyrene in North America

Published on 2010-05-05. Author : SpecialChem

FLORHAM PARK, NJ -- BASF announced it is increasing prices for all grades of Styropor® and Neopor® expandable polystyrene in North America by $0.05 per pound effective May 15, 2010. This increase is necessary due to raw material cost increases, particularly benzene and ethylene, principal precursors in the production of EPS.

BASF - The Chemical Company.

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has approximately 16,000 employees in North America, and had sales of $13 billion in 2009.

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 creates chemistry to help 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 €50 billion in 2009 and had approximately 105,000 employees as of the end of the year.

Source: BASF

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