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2008-03-28 Manufacturing News

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BASF raises prices for 2 styrenic plastics and acrylic monomers

BASF, Ludwigshafen, Germany, will increase prices for styrenic plastics specialty commodities and acrylic monomers due to rising energy and raw material costs.

As of April 1, 2008, BASF will be raising prices in Europe for the styrenic plastics commodity Terluran* (ABS: acrylonitrile butadiene styrene copolymer) by 70 euros per metric ton. Terluran is the trade name for BASF's top styrene copolymer plastics. It offers superior surface quality, mechanical properties and chemical resistance. Primary applications include electrical and electronic equipment and automotive components. Terluran is used wherever components have to meet high requirements in terms of surface quality and gloss, for example also, in the household and electrical realms or in communications technology.

At the same time the prices for the styrenics plastics specialty Luran* (SAN: styrene-acrylonitrile copolymer) will be increased by the same amount. Luran is BASF’s trade name for SAN plastics. It is transparent, chemical and dishwasher resistant,
and offers a high degree of stiffness and resistance to temperature change. Thanks to its transparency and chemical resistance, Luran has been used successfully for years in the household and electronics sectors, in cosmetics packaging, toiletry items, packaging and for office articles.

The sharp increases in raw material and energy costs in the first quarter of the year are forcing BASF to make price adjustments for these plastics products to attain appropriate margin levels again.

In addition, BASF will increase its prices for acrylic acid and acrylic esters (glacial acrylic acid; methyl acrylate, ethyl acrylate, n-butyl acrylate, 2-ethyl hexyl acrylate), as far as existing contracts permit. This is the company’s reaction to inadequate margins. The price increases for acrylic monomers will differentiate in the regions as follows.

In Europe/Africa/Middle East the following increases will be effective April 1, 2008:

  • Glacial acrylic acid, ethyl acrylate: €50 per metric ton
  • N-butyl acrylate: €70 per metric ton
  • 2-ethyl hexyl acrylate: €90 per metric ton

In North America the following increases will be effective April 1, 2008, too:

  • Glacial acrylic acid,methyl acrylate: $0.03/lb
    ($66 per metric ton)
  • N-butyl acrylate: $0.04/lb
    ($88 per metric ton)
  • 2-ethyl hexyl acrylate: $0.07/lb
    ($155 per metric ton)

In Asia the prices will be increased, depending on the product and country-specific aspects. This is effective April 1, 2008, too.

Acrylic acid is the main precursor in the production of superabsorbent polymers, materials which absorb many times their own weight in liquid and are mainly used in diapers and other hygienic products. Other acrylic acid derivatives are pure acrylate dispersions of the kind used for binders in varnishes and paints, and acrylic acid ester, also known as acrylate. These monomeric building blocks are used to manufacture the polymer dispersions contained as a functional component in architectural coatings, adhesives, fiber binders, products for the construction chemicals industry and coatings for the paper industry.

* Trademarks of BASF.

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