(BASF) -- BASF Color Solutions increases prices globally for all masterbatches by minimum 5%. New prices are effective for deliveries starting 1st of July, 2011, or as contracts allow. These price increases are necessary to cover further significant increase in raw material cost seen for pigments and light stabilizers, plasticizers and polymers as well as increases in other costs like energy and labor costs.
The product range of BASF's Pigments & Resins business unit includes pigments, effect pigments, pigment preparations and dyes, resins, light stabilizers, photoinitiators and additives as well as specific masterbatches in Europe.