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BASF hiking acrylic polymer prices

By Furniture Today Staff -- Furniture Today, March 23, 2003

BASF Corp. is increasing prices on all acrylic polymers for the textile and other industries in North America, effective May 1.

The company said the price increase ranges from 6% to 8% per wet pound and is necessary to cover sustained increases in raw material costs.

BASF Corp. is the North American affiliate of BASF AG, a German-based company that employs 90,000 people worldwide and had sales of $29 billion in 2001. In North America, where the company employs about 14,000 people, 2001 sales were $6.9 billion.

BASF's products include crude oil, natural gas, chemicals, plastics, coating systems and agricultural products.

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