BASF Increases Prices of Additives for Plastic Applications
Citing higher costs of raw materials and logistics, BASF is hiking prices of plastic additives by up to 10%.
BASF, Florham Park, N.J., has announced it is increasing prices of plastic additives (e,g,, UV stabilizers, antioxidants, processing aids, lubricants, pigments, and PVC heat stabilizer) by up to 10%, effective immediately.
As is the case with other plastic additives suppliers, the company attributed the price adjustment to higher costs for raw materials and logistics. PT recently reported on similar pricing actions taken by the SI Group, Schenectady, New York, and Dover Chemical, Dover, Ohio.
BASF Plastic Additives is part of BASF’s Performance Chemicals division. The portfolio also includes fuel and lubricant solutions, kaolin minerals, as well as oilfield and mining solutions, servicing customers from a variety of industries including chemicals, plastics, consumer goods, energy & resources, and automotive & transportation.
Related Content
-
At NPE2024, Follow These Megatrends in Materials and Additives
Offerings range from recycled, biobased, biodegradable and monomaterial structures that enhance recyclability to additives that are more efficient, sustainable and safer to use.
-
Compatibilizer for Nylon/ABS Alloys
CAI Performance Additives’ ST-AN3230 has shown to improve both compatibility and performance of nylon/ABS alloys.
-
Tosaf’s Investments in North America Result in 40% Increase in Production Capacity
Backed by a global presence, Tosaf provides localized additive and color solutions, and services for the plastic industry in North America.
