BASF Raises Resins, Additives Prices in Europe

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.

TAPPI
http://www.tappi.org/