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| ASF increases prices for hydrosulfites | |||
| 28 Feb 2008
, Ludwigshafen
: Ludwigshafen, Germany – February 28, 2008 – Effective March 1, 2008 BASF will be increasing sales prices for its hydrosulfites worldwide by at least €120 per metric ton or equivalents in local currencies as contracts allow. The price adjustment is necessary due to rising prices for key raw materials like sulfur, natural gas and caustic soda as well as persistently high energy and transportation costs. Hydrosulfites are powerful bleaching and reducing agents. They are mainly used in the paper, textile, kaolin, chemical, pharmaceuticals and food industries. About BASF BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from oil and gas to chemicals, plastics, performance products, agricultural products and fine chemicals. 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 more than 95,000 employees and posted sales of almost €58 billion in 2007. Further information on BASF is available on the Internet at www.basf.com. |
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