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BASF announces a 35% increase in the price of its additives for the global paint and coatings industry

 Last Update: 2023-01-21
 Source: Internet
 Author: User

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On December 1, 2021, BASF announced that with immediate effect, or where existing contracts allow, it will increase the prices of its global paint and coatings industry additives such as Attagel, Dispex, Efka, Foamaster, FoamStar, Hydropalat, Irgafos, Irganox , Loxanol, Rheovis, Sterocoll, Tinuvin and Uvinul grades
.

To make up for soaring raw material, transportation and energy costs, as well as other costs such as labor, packaging and maintenance, price increases of up to 35% are required
.
The increase is necessary in order to continue to support our customers with a high level of product and service
.

About BASF's Dispersions and Resins Division

BASF's Dispersions and Resins division develops, manufactures and markets a wide range of high-quality polymer dispersions, resins, additives and electronic materials worldwide
.
These raw materials are used in formulations in many industries, including coatings, construction, adhesives, printing and packaging, electronics and paper
.
With its comprehensive product portfolio and extensive industry knowledge, the Dispersions and Resins segment provides its customers with innovative and sustainable solutions and helps them improve formulations
.

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