BASF increases prices for automotive fluids globally
Ludwigshafen, Germany September 24, 2010 With immediate effect, or as contracts allow, BASF is increasing the sales prices globally for all coolants, brake fluids and specialty fluids by up to 400 Euro (or the equivalent in other currencies) per metric ton.
The price adjustments are necessary due to significantly increased raw material costs.
About BASF
BASF is the world s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals and oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of more than 50 billion in 2009 and had approximately 105,000employees as of the end of the year. Further information on BASF is available on the Internet at www.basf.com.
Source: web of BASF