BASF to increase styrene-butadiene latex prices for the carpet industry

CHARLOTTE, N.C., January 17, 2006 -- Effective February 15, 2006, or as contracts allow, BASF will raise prices by three cents per dry pound in the United States and Canada on all Styrofan® carboxylated styrene-butadiene emulsion polymers supplied to the carpet industry.

Styrofan® is a registered trademark of BASF Corporation.

BASF - The Chemical Company. We don't make a lot of the products you buy. We make a lot of the products you buy better.®
BASF Corporation, headquartered in New Jersey, is the North American affiliate of BASF AG, Ludwigshafen, Germany. Rated in FORTUNE magazine as America’s Most Admired Chemical Company, we employ about 10,000 people in North America and had sales of approximately $11 billion in 2004. For more information about BASF’s North American operations, or to sign up to receive news releases by e-mail, visit www.basf.com/usa.

As the world’s leading chemical company, BASF's portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. BASF’s intelligent solutions and high-value products help its customers to be more successful. BASF develops new technologies and uses them to open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future. In 2004, BASF had approximately 82,000 employees and posted sales of more than $50 billion. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA), New York (BF), and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.

For more information, contact:
Bill Pagano
BASF
Tel: (973) 245-6071
E-mail: paganow@basf.com