(BASF) -- With immediate effect, or as contracts allow, BASF is increasing the sales prices globally for all engine coolants by up to EUR 300 (or the equivalent in other currencies) per metric ton. The price adjustments are necessary due to significantly increased raw material costs.
BASF is the world's leading chemical company. Its portfolio ranges from chemicals, plastics, performance products and agricultural products to oil and gas. BASF posted sales of about EUR 63.9 billion in 2010 and had approximately 109,000 employees as of the end of the year.