BASF Raises Resins, Additives Prices in Europe
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BASF, Ludwigshafen, Germany, reports that, effective immediately, it will increase European prices for resins and additives used by the coatings, printing, and packaging industries by 5% to 12%, as existing contracts allow. The price increase affects, but is not limited to, the following product ranges: Laromer, Joncryl, Basonat, Luwipal, Luhydran, and Acronal.
BASF notes that the price adjustments are necessary mainly due to continuing, significant increased costs of key raw materials.
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