BASF to increase prices for coatings resins

(PresseBox) ( Ludwigshafen, )
Effective immediately, BASF will increase prices in Europe for coatings resins by up to 15 %, depending on the product line, as existing contracts allow. Reasons are increased costs for raw materials, transportation, energy, packaging, services and engineering.

The price increase affects the entire coatings resins portfolio. These resins are primarily used in the automotive, wood and industrial coatings markets.

BASF Performance Chemicals

The product range of BASF’s Performance Chemicals for Coatings, Plastics and Specialties business unit includes pigments, preparations and dyes, binders and crosslinkers, light stabilizers and process chemicals. Our products are manufactured and marketed worldwide. We are one of the world’s leading suppliers in these fields. Further information on our products may be found at: www.basf.com/resins.
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