With immediate effect, or as contract terms allow, BASF will be increasing prices for its Lupranate TDI (Toluene Diisocyanate) basic products by $100 per metric ton in the Middle East and Africa region (MEAF) in order to restore its prices to a sustainable level.

About BASF
At BASF, we create chemistry - and have been doing so for 150 years. Our portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As the world's leading chemical company, we combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of over €74 billion in 2014 and around 113,000 employees as of the end of the year. BASF is listed on the stock markets in Frankfurt (BAS), London (BFA), and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.

BASF SE issued this content on 25 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 January 2016 13:08:18 UTC

Original Document: https://www.basf.com/en/company/news-and-media/news-releases/2016/01/p-16-107.html