BASF Increases Prices Worldwide for Pigments and Dyes
January 29 2018 - 9:59AM
Dow Jones News
By Sonia Amaral Rohter
BASF SE (BAS.XE) said Monday that it is increasing prices for
its pigments, dyes and preparations by up to 15% due to higher raw
material and regulatory costs.
The worldwide increases will take effect on Monday, or as
contracts allow, and will affect all market segments including the
coatings, plastics and printing industries, the German chemical
company said.
BASF cited both higher raw material prices and increased
regulatory costs as causes for the increase.
Write to Sonia Amaral Rohter at
sonia.amaralrohter@dowjones.com
(END) Dow Jones Newswires
January 29, 2018 09:44 ET (14:44 GMT)
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