CHARLOTTE, NC, March 12, 2010 -- Effective April 1, 2010, or as contracts allow, BASF will increase its price for all BUTONAL styrene-butadiene high solids latex products sold to asphalt modification markets by $US 0.10 per wet pound on a global basis.
This action is necessary as a result of increases in the prices of raw materials, including styrene and butadiene.

BUTONAL is a registered trademark of BASF SE, used with permission.

BASF - The Chemical Company.

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has approximately 16,000 employees in North America, and had sales of $13 billion in 2009. 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 and oil and gas. As a reliable partner, BASF creates chemistry to help 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 posted sales of more than €50 billion in 2009 and had approximately 105,000 employees as of the end of the year. Further information on BASF is available on the Internet at www.basf.com.