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.