BASF to Increase Prices for Paper and Water Chemicals Worldwide
April 19, 2017 - BASF announced that it will increase prices across the portfolios of paper and water chemicals with immediate effect as contracts allow.
Price increases of 5 to 10 percent globally are targeted for selected product lines while measured increases will be implemented for specific products and delivery locations, BASF said.
The price increases are driven by continued increases in cost of raw materials, transportation, and energy, BASF explained.
Paper coating chemicals are not affected by the price increase.