Industry News

BASF to Increase Prices for Acrylic, Styrene-acrylic Latex Products

Published on 2006-06-13. Author : SpecialChem

CHARLOTTE, N.C. -- Effective July 1, 2006, or as contracts allow, BASF will raise prices by $0.03 per wet pound in the United States and Canada on all straight acrylic and styrene-acrylic latex products sold under the Acronal® and Acronal® Optive brand names that are supplied to the adhesives, architectural coatings, construction and fiber bonding industries. This action is being taken as a result of increased energy, raw material, and transportation costs.

Acronal and Acronal Optive are registered trademarks of BASF Aktiengesellschaft.

BASF - The Chemical Company. We don't make a lot of the products you buy. We make a lot of the products you buy better.®

BASF Corporation, headquartered in New Jersey, is the North American affiliate of BASF AG, Ludwigshafen, Germany. BASF employs about 10,000 people in North America and had sales of approximately $11.3 billion in 2005.

As the world's leading chemical company, BASF's portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. BASF's intelligent system solutions and high-value products help its customers to be more successful. BASF develops new technologies and uses them to open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future. In 2005, BASF had approximately 81,000 employees and posted sales of more than $50.4 billion. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA), New York (BF), and Zurich (AN).

Source: BASF Corporation

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