BASF To Increase Prices For Extrusion And Fiber Polyamides In Europe

LUDWIGSHAFEN, Germany — March 1, 2012 — BASF will increase prices of its Ultramid® extrusion and
fiber polyamides in Europe by € 150 per metric ton with immediate effect. The price adjustment is
necessary due to the strong increase in raw material costs. BASF continues its efforts to offset
rising costs in a difficult environment. However, the extraordinary market conditions force BASF to
implement this price increase.

BASF’s Ultramid extrusion and fiber polyamides are used for producing films for food
packaging and industrial use, for manufacturing monofilaments, for wire jacketing, for carpet and
textile fibers.

Posted on March 1, 2012

Source: BASF