BASF increases prices of water treatment chemicals
Price increases will apply to cationic and anionic flocculants and organic coagulants. The price increase will take effect immediately, or as contracts allow.As a committed leading supplier of water treatment chemicals globally, BASF needs to increase prices to secure future product availability, maintain reliability of supply, product quality and invest in innovation to best meet customer needs. Current profitability levels are not sufficient to facilitate that, BASF writes in a press release. Furthermore, costs of raw materials, energy, freight and packaging continue to increase reaching a level that can no longer be absorbed, BASF writes. The price increase in Europe, Middle East and Africa will be at a higher rate than in other countries and regions.