BASF is raising global its prices for isophorone diamine (IPDA) by ?50 per metric ton, or by the corresponding amount in local currency, effective immediately or as existing contracts permit.
The IPDA specialty amine is valued as a curing agent for epoxy resins and as an isocyanate crosslinking agent for the production of polyurethane. BASF manufactures IPDA at its Ludwigshafen Verbund site and is one of the leading supplier of this product.
With about 111,000 employees, six Verbund sites and close to 370 production sites worldwide we serve customers and partners in almost all countries of the world. In 2011, BASF posted sales of ?3.5 billion and income before special items of approximately ?.4 billion.
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