BASF Announces Price Hike for Polymer Dispersions and Acrylic Resins

With effect from October 01, 2012, or as contracts allow, BASF has increased prices in Europe, Africa and Western Asia for polymer dispersions, redispersible powders and acrylic resins by 50 - 100 Euro per metric ton. The price increase is necessary due to the significant rise in the cost of raw materials.

The products affected by the price increase are used as polymers for architectural coatings and construction chemicals as well as in the coatings, printing and packaging industries.

About BASF

BASF is one of the worlds leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. BASF combines economic success, social responsibility and environmental protection. Through science and innovation BASF enable its customers in almost all industries to meet the current and future needs of society. Its products and system solutions contribute to conserving resources, ensuring healthy food and nutrition and helping to improve the quality of life. BASF has summed up this contribution in its corporate purpose: BASF creates chemistry for a sustainable future. BASF posted sales of about ?3.5 billion in 2011 and had more than 111,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS) London (BFA) and Zurich (AN).