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Asia: BASF to increase prices for engineering plastics in Asia Pacific

Asia: BASF to increase prices for engineering plastics in Asia Pacific

Write: Shian [2011-05-20]
BASF will increase prices of its Polyamide and PBT engineering plastics product lines in Asia Pacific effective from December 1,2010. The prices of BASF's Ultramid Polyamide compounds will increase by US$300 per ton and Ultradur PBT compounds by US$350 per ton.

The price adjustment is necessary due to the strong increase in raw material costs. BASF continues its efforts to offset rising cost in a difficult environment. However, the extraordinary market conditions force BASF to implement this price increase.

BASF provides a reliable supply of high quality engineering plastics and technology solutions to customers around the Asia Pacific region as well as globally, with a high level of product quality and services. BASF will continue to invest in application technology, research, development, and new production facilities, in order to develop innovative products and application solutions to help its customers to be more successful.