With immediate effect or as existing contracts allow, BASF will increase prices for its resins and additives portfolios in Asia Pacific by up to 15%. This includes but is not limited to Basonat, Luwipal, Joncryl, Efka, Foamaster in Asia Pacific, depending on the product type. Price adjustments are necessary due to higher raw material prices, transportation and packaging costs.
For identifying growth opportunities in epoxy resin in the global composites market, please visit http://www.lucintel.com/epoxy-resin-in-composites-industry.aspx