BASF is increasing prices on its commodity amines portfolio in Europe by up to 30%, with certain products subject to higher increase, effective immediately or as existing contracts permit.
BASF Coatings announced that Jens Luehring will be appointed Chief Executive Officer upon closing of the transaction between BASF and Carlyle, which will establish a standalone coatings company.
BASF announced that it will increase prices for its MDI and TDI products in the East Asia region (excluding mainland China) by USD 500/t, effective immediately or as contract terms allow.
Cabot Corporation (NYSE: CBT) will raise prices globally for products sold by its specialty compounds business. Price increases will be up to 20 percent, depending on the product and region.