BASF increases prices for resins and additives in Europe

Effective immediately, BASF has increased prices in Europe for resins and additives for the coatings, printing and packaging industries by 5-12 percent, as existing contracts allow. The price increase affects, but is not limited to, the following product ranges: Laromer, Joncryl, Basonat, Luwipal, Luhydran and Acronal. 

‘The price adjustments are necessary mainly due to further significantly increased costs of key raw materials,’ said the company in a statement.   

The product range of BASF’s Pigments & Resins business unit includes pigments, effect pigments, pigment preparations and dyes, resins, light stabilizers, photoinitiators and additives as well as specific masterbatches in Europe. 

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