BASF Announces North America Resins Price Increase
May 9, 2008
BASF announced that it will increase resin prices an average of 6 to 8 percent across all market segments effective May 1, 2008, or as contracts allow. The price increase pertains to list and off-list pricing and includes, but is not limited to, the following product lines: Joncryl, Laroflex, Laromer, Laropal, Lucirin, Luhydran, Luron, Lutonal, Luwipal and Plastopal.
The price increase pertains to North American markets only and is necessary due to escalating energy, transportation and raw material costs in the region.
After 43 years in the ink industry, many would consider Joe Kelly, R&D director of liquid water-based inks for INX International Ink Co., an industry “survivor.” He believes the more appropriate term is “thriver.”