Effective immediately, or as existing contracts permit, BASF will increase prices for products in its additives portfolio for plastic applications globally by up to 20 percent.|
The price adjustment is primarily required due to significant volatility in pricing and availability for essential raw materials and the rapid escalation of freight rates.
As recently as January, BASF had raised prices for additives for plastics applications by up to ten percent (see also plasticker-News, dated 2021-01-28).
More information: www.basf.com
BASF SE, Ludwigshafen, Germany