Key highlights
- BASF raises prices for antioxidants, process stabilizers and light stabilizers for plastic applications by up to 25%.
- Adjustment is effective immediately and supplements a price increase announced in March.
- BASF attributes the increase to substantial rises in raw-material, energy and logistics costs linked to the military conflict in the Middle East.
Price increase
BASF has raised prices for antioxidants, process stabilizers and light stabilizers for plastic applications by up to 25%, effective immediately; this supplements a price increase announced in March.
Scope
The adjustment applies to products within BASF’s global portfolio for plastic applications, covering additives used across a range of polymers and product formats.
Reason
BASF attributes the additional price adjustment to substantial increases in raw-material, energy and logistics costs linked to the military conflict in the Middle East.