BASF Increases Prices for Plastic Additives Due to Rising Costs from Middle East War
BASF has announced price hikes for its antioxidants, process stabilizers, and light stabilizers used in plastic applications, citing increased raw material, energy, and logistics costs linked to the Middle East war. The move reflects ongoing supply chain disruptions and inflationary pressures affecting the chemical industry.
Topics: cost increases logistics plastic industry pricing strategy raw materials