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Effective today, or as contracts allow, BASF will increase prices for pigments, dyes and preparations by up to 15% worldwide.
The price increase will affect all market segments, predominantly the coatings, plastics and printing industries.
Price adjustments are necessary due to higher raw material prices, eg for pre-cursers of pigments and dyes, as well as increased costs for regulatory efforts like registration, environmental, health and safety.
The ‘Colors & Effects’ brand encompasses BASF’s expertise in colourants and effect pigments for the coatings, plastics, printing, cosmetics and agriculture markets.