BASF increases European prices for resins and additives

BASF has announced immediate price increases in Europe for resins and additives for the packaging, printing and coating industries.

The German-based company said prices on its resins and additives would climb by 5-12 per cent as existing contracts allow.

The firm blamed “significantly increased costs of key raw materials”​ for the price rises.

The move affects, but is not limited to, the following product ranges: Laromer, Joncryl, Basonat, Luwipal, Luhydran and Acronal, said BASF

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