According to the company’s website news release on January 27, 2023, with immediate effect, or as contract terms allow, BASF will increase prices for its Lupranate® MDI (Methylene Diphenyl Diisocyanate) basic products by $300 per metric ton in ASEAN and South Asia.
About BASF
BASF creates chemistry for a sustainable future. Combining economic success with environmental protection and social responsibility. More than 111,000 employees in the BASF Group contribute to the success of the customers in nearly all sectors and almost every country in the world. BASF’s portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €78.6 billion in 2021. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.