BASF Increases Prices for Resins and Additives in North America
August 2, 2011
Effective June 17, 2011, or as contracts allow, BASF increased list and off-list prices for resins and performance additives by 3% to 8% in North America. The price increase pertains to only the North American graphic arts, coatings and related markets, and is in addition to previous price increase announcements. This action is necessary as a result of significant increases in energy and raw material costs.
A 25-year veteran of the ink industry, Mike Keegan, VP of sales, paste ink for Toyo Ink America, said he is constantly surprised that he has been in the printing industry for a quarter of a century.
“I still can’t bel…