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BASF Increases Prices for its Additives for Paint and Coatings Industry Globally

Press release from the issuing company

 Effective today, as existing contracts allow, BASF is increasing prices for its additives for the paint and coatings industry globally, such as Attagel®, Dispex®, Efka®, Foamaster®, FoamStar®, Hydropalat®, Irgafos®, Irganox®, Loxanol®, Rheovis®, Sterocoll®, Tinuvin® and Uvinul® grades.

Price increases of up to 35% are needed to compensate for surging raw material, transportation, and energy costs, as well as other rising costs, including labor, packaging and maintenance. The increases are necessary to continue to support our customers with high-level products and services.

BASF’s Dispersions & Resins division

The Dispersions & Resins division of BASF develops, produces and markets a range of high-quality polymer dispersions, resins, additives and electronic materials worldwide. These raw materials are used in formulations for a number of industries, including coatings, construction, adhesives, printing and packaging, electronics and paper. With its comprehensive product portfolio and its extensive knowledge of the industry, the Dispersions & Resins division offers its customers innovative and sustainable solutions and helps them advance their formulations. For further information about the Dispersions & Resins division, please visit www.dispersions-resins.basf.com.

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