CHARLOTTE, NC, August 12, 2009 – Effective Sept. 1, 2009, or as contracts allow, BASF will increase its prices by $US 0.06 per wet pound in the United States and Canada on all ACRONAL® and ACRONAL OPTIVE® all-acrylic latex products, ACRONAL® styrene-acrylic latex products and BASONAL® multi-monomer latex products, used in the adhesives, fiber bonding, architectural coatings, paper and construction markets.
This action is necessary as a result of significant increases in raw material costs, specifically for propylene, styrene and acrylic monomers.
Acronal Optive is a registered trademark of BASF Corporation.
Acronal and Basonal are registered trademarks of BASF SE.
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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 $17.5 billion in 2008. 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.
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals, as well as oil and gas. As a reliable partner, BASF helps its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges, such as climate protection, energy efficiency, nutrition and mobility. BASF has approximately 97,000 employees and posted sales of more than €62 billion in 2008. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.