BASF Issues Price Increases on Plastic Additives and Nylon 6
Price adjustments attributed to volatility in pricing and availability of raw materials and high freight rates.
Effective immediately, or as existing contracts permit, BASF is globally increasing the price of additives for plastic applications, including heat and UV stabilizers, antioxidants, processing aids, lubricants and pigments) by up to 20%. The company attributed the price adjustment primarily to the significant volatility in pricing and availability for essential raw materials and the rapid escalation of of freight rates.
BASF is also increasing prices in North America for its nylons and intermediates. increase prices for polyamide polymer and intermediates. Prices of nylon 6 and caprolactam are being increased by 15¢/lb and copolymer by 18¢/lb.
Related Content
-
K 2022 Additives & Materials: Sustainability in the Lead
Nearly all of the new additives highlighted at the big show are aimed at enhancing recyclability of commodity resins and some volume engineering resins such as nylon and PC. A few new materials, on which we had not previously reported, also surfaced at K 2022.
-
Compatibilizers Aid Recycling & Upcycling of Mixed Resins
Compatibilizers are proving their worth in boosting critical properties such as impact/stiffness balance of PCR and PIR blends of polyolefins and other plastics.
-
Graphene Masterbatches for Flexible and Rigid Polyolefin Packaging and Beyond
Brazilian start-up Gerdau Graphene joins a growing group of graphene additives suppliers with a focus on boosting properties of large volume commodity thermoplastics.