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On June 1, BASF announced that effective June 15, or as the contract allows, BASF's Formulations and Performance Additives business will increase the prices of its product lines in North America: up to 10% for formulation additives and up to 20% for performance additives.
%
.
These product lines include the BASF brands Calsan®, Chimassorb®, Curesan®, Dispex®, Irgafos®, Irganox®, IRGACURE®, EFKA®, Foamaster®, FOAMSTAR®, Hydropalat®, Loxanol®, RHEOVIS®, Sterocoll ®, Tinopal® and Tinuvin®
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This growth is driven by continued rapid increases in raw material costs, their availability, packaging costs, and manufacturing and shipping costs
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This growth is necessary in order to provide our customers with continued service, support and sustainable product manufacturing
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