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BASF to increase prices for BUTONAL® and BUTOFAN® products in the U.S. and Canada

Published on 2010-05-21. Author : SpecialChem

CHARLOTTE, NC -- Effective May 21, 2010, or as contracts allow, BASF will increase its prices for all BUTONAL and BUTOFAN styrene-butadiene high and medium solids latex products by up to $US 0.07 per wet pound in the United States and Canada. BUTONAL and BUTOFAN products are used as ingredients for various applications in the adhesives, carpet, construction, fiber bonding, automotive and foam markets.

This action is necessary as a result of increases in the prices of raw materials, in particular butadiene.

BUTONAL and BUTOFAN are registered trademarks of BASF SE, used with permission.

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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