Basell to Increase Prices of its Advanced Polyolefin Products sold in Europe, Middle East and Africa
Oct 3, 2006
Basell announced that it will increase prices by € 60 per tonne on its Adsyl, Adflex, Hifax and Hostacom ranges of advanced polyolefin products sold in the European, Middle East and African regions, effective immediately.
"This increase is necessary due to the continued escalation in energy, transportation and raw material costs," said Anton de Vries, president of Basell's Advanced Polyolefins Business and director of Advanced Polyolefins for Basell Sales & Marketing Company B.V.
Basell is the world's largest producer of polypropylene and advanced polyolefin products, a leading supplier of polyethylene and catalysts, and a global leader in the development and licensing of polypropylene and polyethylene processes. Basell, together with its joint ventures, has manufacturing facilities around the world and sells products in more than 120 countries.
