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Monday, 27 November 2017

BASF to increase prices for lubricant oil additives globally

BASF SE said that it will increase prices globally across the portfolios of lubricant oil additives, base stocks and finished lubricants by 5 to 9 percent depending on the specific product.
The price increase will be effective on 1 December 2017.
The price adjustments are necessary due to continued increases in the cost of raw materials, transportation, energy and regulatory.

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