BASF, the German chemical multinational, has announced a global price increase of up to 20% for its plastic additives portfolio, including antioxidants, process stabilizers, and light stabilizers. The move, effective from last week, signals cost pressures that may ripple through downstream supply chains for polymers, molded articles, films, fibers, and extruded profiles, affecting overseas buyers sourcing from this key supplier.
Price increase details
BASF will raise prices for its antioxidants, process stabilizers, and light stabilizers used in plastic applications by up to 20% worldwide. The adjustment applies to the company's entire range of additives that facilitate processing and provide heat and light resistance for various polymers and applications, including molded articles, films, fibers, sheets, and extruded profiles.
Reasons behind the hike
The company justifies the price increase primarily by the significant rise in costs of essential raw materials, inflationary effects on fixed costs, and increased transportation tariffs. These factors have pressured BASF's additive production costs, prompting the adjustment to maintain supply continuity.
What buyers should watch
Overseas importers and distributors of plastic additives should anticipate higher procurement costs from BASF and potentially from other suppliers following this market signal. Buyers may want to review existing contracts, negotiate price adjustment clauses, and explore alternative sourcing options for antioxidants and stabilizers to mitigate short-term margin pressure.
Company background
BASF is a leading global supplier, manufacturer, and innovation partner for plastic additives. The company continuously analyzes and improves its portfolio to find solutions that contribute to sustainability. For more information, visit www.plasticadditives.basf.com.
Source: Read the original report | Published: March 13, 2026