BASF increases prices for its Formulation Additives globally

BASF is increasing prices globally for a large part of its Formulation Additives for paint and coatings industry .

Effective Jan 5, as existing contracts allow, BASF is increasing prices globally for a large part of its Formulation Additives for paint and coatings industry such as Attagel, Dispex, Efka, Foamaster, Foamstar, Hydropalat, Loxanol and Rheovis grades.

Price increases of up to 5 – 10% dependent on region are needed to compensate for increasing costs from transportation, safety, legislation, registration-requirements (e.g. Reach, TSCA) and to continue to support customers with high-level products and services.