BASF to increase prices for construction chemicals across Europe
BASF’s construction chemicals division increased prices across Europe during the first quarter of 2017, resulting in effective prices 2–3% above prior year. The price increase was necessary to continue to provide customers with high quality products and high levels of service in an environment of rising personnel and raw material cost. As of May 15, 2017, BASF will implement a further 4–7% price increase on all project-based price quotations and expiring contracts. All contractual obligations towards customers will be fulfilled.
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