FLORHAM PARK, NJ, September 2, 2014 - Effective October 1, 2014, or as contracts allow, BASF is increasing its list and off-list prices in North America for Neopentylglycol (Neol®) by $0.03 per pound.

Neopentylglycol (Neol®) is mainly used as a building block in polyester powder and liquid coating resins, unsaturated polyester resins and lubricants.

BASF - The Chemical Company

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has nearly 17,000 employees in North America, and had sales of $19.3 billion in 2013. For more information about BASF's North American operations, visitwww.basf.us .

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. 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 about €74 billion in 2013 and over 112,000 employees as of the end of the year. Further information on BASF is available on the Internet atwww.basf.com .

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