BASF to Hike Price for Coating Additives in the U.S., Canada, Mexico

June 22, 2011 - BASF said that it will increase its prices by 10% for coating additives sold into the paper and paperboard markets in the United States, Canada and Mexico, effective July 1, 2011. This includes BASF's registered trademarked products: Sterocoll, Calsan, Curesan, Polysalt, Dispex, and Foambrake.

BASF said the price adjustments are necessary due to significantly increased raw material costs.