BASF – Increased prices for UV resins
GERMANY • In January BASF announced higher prices for UV resins. With immediate effect or as existing contracts allow, the company will increase its prices for UV resins (Laromer product range) in the EMEA region (Europe, Middle East and Africa) by 3 to 10%, depending on the product type.
According to the company the higher prices are necessary due to the continued increase in the cost of raw material as well as REACH registration costs. UV-resins are used by the coatings, printing, and packaging industries to manufacture UV-curable coatings for, e.g., wood, metal and plastic substrates as well as for overprint varnishes and UV-curable inks.