With immediate effect or as existing contracts allow, BASF will increase its prices for UV resins (Laromer® product range) in EMEA region (Europe, Middle East and Africa) by 3 - 10%, depending on the product type. The price adjustments are necessary due to continued increase of raw material as well as REACH registration costs. UV-resins are used by the coatings, printing, and packaging industries to manufacture UV-curable coatings for, e.g., wood, metal and plastic substrates as well as for overprint varnishes and UV-curable inks.
About BASF‘s Dispersions & Pigments division
The Dispersions & Pigments division of BASF develops, produces and markets a range of high-quality pigments, resins, additives and polymer dispersions worldwide. These raw materials are used in formulations for coatings and paints, printing and packaging products, construction chemicals, adhesives, fiber bondings, plastics, paper as well as for electronic applications such as displays. With its comprehensive product portfolio and its extensive knowledge of the industry, the Dispersions & Pigments division offers its customers innovative and sustainable solutions and helps them advance their formulations. For further information about the Dispersions & Pigments division, please visit http://www.dispersions-pigments.basf.com.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 114,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of about €58 billion in 2016. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at http://www.basf.com.