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BASF to increase prices for Butonal and Butofan styrene-butadiene high and medium solids latex products in the United States and Canada

Published on 2009-07-06. Author : SpecialChem

CHARLOTTE, NC -- Effective August 1, 2009, or as contracts allow, BASF will increase its prices by up to $US 0.10 per dry pound in the United States and Canada on all Butonal® and Butofan® styrene-butadiene high and medium solids latex products used 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 styrene and butadiene, coupled with freight-related fuel surcharges and manufacturing energy requirements that impact BASF's business.

Butonal and Butofan are registered trademarks of BASF SE.

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 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, as well as 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 has approximately 97,000 employees and posted sales of more than €62 billion in 2008. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

Source: BASF

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