BASF Worried About High Benzene Prices BASF Worried About High Benzene Prices Ludwigshafen, Germany, August 5 BASF AG said Thursday it will have to continue to raise the prices for its styrene-based and nylon products because of the continuously increasing price of benzene.
If it is not possible to achieve these prices in the market and thus pass on the enormous increase in the cost of benzene to customers, then the Styrenics and Performance Polymers divisions will turn down business if necessary. We have only partially passed on the increases in the price of raw materials, especially benzene, in recent months to our plastics customers, and our margins have suffered as a result. If we are unable to implement higher sales prices in the short term, we see ourselves forced to forego these orders, said Wilfried Haensel, head of the Styrenic Polymers Regional Business Unit Europe and