Price hike from BASF

As of 1 June BASF has increased prices for numerous pigments by up to 15% worldwide. The price increase predominantly affects phthalocyanine and inorganic pigments used in the printing, coatings, plastics industries. The company said the price adjustments are necessary due to higher raw materials costs e.g. copper, TiO2 or cobalt, as well as further challenging environmental, health and safety costs.