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BASF to increase prices for Butonal and Butofan styrene-butadiene high-solids and medium solids latex products in the U.S. and Canada

Published on 2008-09-08. Author : SpecialChem

CHARLOTTE, NC -- Effective Sept. 15, 2008, or as contracts allow, BASF will increase its prices by $US 0.11 per wet pound in the United States and Canada on all Butonal®and Butofan®high-solids and medium solids, respectively, styrene-butadiene latex used in the adhesives, carpet, construction, automotive, sealants, saturation, asphalt and foam markets.

This action is necessary as a result of unprecedented increases in raw material costs, in particular butadiene, which has significantly impacted 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 $16.4 billion in 2007.

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from oil and gas to chemicals, plastics, performance products, agricultural products and fine chemicals. 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 more than 95,000 employees and posted sales of almost €58 billion in 2007. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

Source: BASF


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