CHARLOTTE, NC -- Effective May 21, 2010, or as contracts allow, BASF will increase its prices on all STYROFAN® and STYRONAL® styrene-butadiene latex products by up to $0.03 per wet pound in the United States and Canada. STYROFAN and STYRONAL products are used as ingredients for various applications in the adhesives, architectural coatings, sealants, construction and nonwovens markets.

 

Also effective May 21, 2010, or as contracts allow, BASF will increase its prices for all BUTONAL® and BUTOFAN® styrene-butadiene high- and medium-solids latex products by up to $0.07 per wet pound in the United States and Canada. BUTONAL and BUTOFAN products are used as ingredients for various applications in the adhesives, carpet, construction, fiber bonding, automotive and foam markets.

 

These actions are necessary as a result of increases in the prices of raw materials, in particular butadiene.