CHARLOTTE, NC, July 29, 2008 -- Effective August 1, 2008, or as contracts allow, BASF will increase prices on its acrylic monomers sold in the United States, Canada and Mexico by the following amounts:
- Glacial Acrylic Acid - USD 0.10 per pound
- Methyl Acrylate - USD 0.12 per pound
- Ethyl Acrylate - USD 0.12 per pound
- Butyl Acrylate - USD 0.12 per pound
- 2-Ethylhexyl Acrylate - USD 0.12 per pound
This action is a result of the continued escalation of energy and raw material costs. These increases are in addition to the surcharges that were communicated to customers in a letter, and that were effective July 15, 2008.
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BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 15,000 employees in North America, and had sales of approximately $16.4 billion in 2007. 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.
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