Hong Kong - April 1, 2016 - With immediate effect, or as contract terms allow, BASF will increase prices for its Ultramid B (Polyamide 6) and Ultramid C (Polyamide 6/66 copolymer) products by $100 per metric ton in Asia Pacific in order to restore its prices to a sustainable level.

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At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 112,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of more than €70 billion in 2015. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information at www.basf.com.

BASF India Ltd. issued this content on 01 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 April 2016 06:28:31 UTC

Original Document: https://www.basf.com/in/en/company/news-and-media/news-releases/asia-pacific/2016/04/price-ultramid.html