BASF Announces Price Increases For Acrylic Monomers And Alkylamines

Effective October 1, or as contracts allow, Germany-based BASF will implement a
50-euro-per-metric-ton price increase for acrylic acid and acrylic esters — including glacial
acrylic acid, methyl acrylate, ethyl acrylate, n-butyl acrylate, 2-ethyl hexyl acrylate — in
Europe, Africa and the Middle East. The company cited ongoing inadequate margins in announcing the
price increase.

BASF also announced that effective immediately, it has implemented price increases for
ethylamine, propylamine and butylamine in Europe from 30 to 300 euros per ton. The company cited
the rising cost of handling, logistics and raw materials in announcing the increases.

October 1, 2008