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BASF To Up Acrylic Acids, Esters Pricing

Citing “inadequate” margins caused by escalating raw material, energy and transportation costs, Germany-based BASF AG announced that, effective Oct. 1, 2006, it will increase the prices of its acrylic acid and acrylic esters — including glacial acrylic acid, n-butyl acrylate, 2-ethyl hexyl acrylate, and methyl and ethyl acrylate — in accordance with existing contracts.

The acrylic monomer price increases by region are as follows: $110 per metric ton on average in North America; $110 to $300 in South America, depending on the product; and 80 euros per metric ton for glacial acrylic acid, and 120 euros per metric ton for butyl acrylate, 2-ethyl hexyl acrylate and methyl acrylate in Europe, Africa and the Middle East. The company already has instituted a price increase for these products in Asia.

October 3, 2006