With effect from September 1, 2014, or as contracts allow, BASF will increase prices for numerous pigments and dyes by up to 15 percent worldwide.The products affected are predominantly azo pigments, yellow and red high performance pigments, effect pigments, phthalocyanines and dyes. Price increases are necessary due to the current market situation, significantly higher raw materials costs and rising cost of environment, health and safety as well as maintenance, says BASF.
The products affected are mainly used as raw materials in the coatings and paints as well as in the printing and plastics industries.
