BASF increases price of additives for plastic applications

BASF plans to increase the cost of products in its additives portfolio for plastic applications globally by up to 20%.

‘The price adjustment is primarily required due to significant volatility in pricing and availability for essential raw materials and the rapid escalation of freight rates,’ the company said.

This story uses material from BASF, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.