Hong Kong - May 6, 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 US$100 per metric ton in Asia Pacific in order to restore its prices to a sustainable level.

About BASF
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. published this content on 06 May 2016 and is solely responsible for the information contained herein.
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Original documenthttps://www.basf.com/in/en/company/news-and-media/news-releases/asia-pacific/2016/05/price-increase-ultramid.html

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