BASF hikes pigments and dyes prices

BASF has increased prices for numerous pigments and dyes by up to 15 percent worldwide with effect from September 1, 2014, or as contracts allow. The products affected are predominantly azo pigments, yellow and red high performance pigments, effect pigments, phthalocyanines and dyes. Price increases are necessary due to the current market situation, significantly higher raw materials costs and rising cost of environment, health and safety as well as maintenance.
 
The products affected are mainly used as raw materials in the coatings and paints as well as in the printing and plastics industries.