BASF says it will increase prices on April 15 for Styrofan, Styronal, Butonal and Butofan products in the United States and Canada.
Styrofan and Styronal -- two styrene-butadiene latex products that are used in adhesives, architectural coatings, sealants, construction and non-wovens markets -- will go up six cents per wet pound. Butonal and Butofan -- which are styrene-butadiene high and medium solids latex products that are used in adhesives, carpet, construction, fiber bonding, automotive and foam markets -- will increase eight cents per wet pound.
The increases are a result of significant increases in costs for raw materials as well as rising energy costs, according to BASF.
BASF to raise products prices on April 15
April 1, 2011