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BASF raises polyamide base polymers prices in Asia Pacific

11 May '16

1 min read

BASF, the world's leading chemical company, has announced an increase in prices for Ultramid B (polyamide 6) and Ultramid C (polyamide 6/66 copolymer) by US$100 per metric ton in Asia Pacific with immediate effect or as existing contracts permit.

“The increase is necessary in order to restore prices to a sustainable level,” the company said on its website.

Traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN), BASF clocked turnover of more than €70 billion in 2015 for its five segments: chemicals, performance products, oil and gas, functional materials and solutions, and agricultural solutions. (NA)

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