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The price increase is necessary due to the steep raw material price increase.
BASF will increase the prices for all Polyamide 6 base polymer grades (for film, fiber and compounding applications) and the Polyamide Intermediate Caprolactam in Europe by €128 per metric ton for each product, with immediate effect or as soon as existing contracts allow.About BASF:At BASF, they create chemistry – and have been doing so for 150 years. Their portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As a leading chemical company, they combine economic success with environmental protection and social responsibility. Through science and innovation, they enable their customers in nearly every industry to meet the current and future needs of society. Their products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. They have summed up this contribution in our corporate purpose: They create chemistry for a sustainable future. BASF had sales of about €74 billion in 2014 and over 113,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).More information:www.basf.com