Florham Park, N.J., May 1, 2007 – Effective June 1, 2007 BASF Corporation will increase the selling prices of its Styrolux® and Styroclear® SBC resins by $0.04 per pound. This new increase is in addition to the previously announced $0.04 per pound price increase effective May 1, 2007.

Although BASF continually works to optimize operations to help offset increasing costs, the industry continues to endure unprecedented costs for raw materials, transportation and energy requiring BASF to implement this price increase.

Styrolux is BASF’s trademark for a portfolio of clear styrene-butadiene copolymers used in injection molding and extrusion thermoplastic applications that offer outstanding clarity, exceptional toughness and low density. Styrolux is used for medical applications, food service products such as thermoformed clear drinking cups and plates, shrink labels, film wrap, toys and household appliances. Styroclear® is a line of injection-molding resins for premium-quality, clear garment hangers.

About BASF Company
BASF Corporation, headquartered in New Jersey, is the North American affiliate of BASF AG, Ludwigshafen, Germany. BASF employs more than 15,500 in North America and had sales of approximately $14.3 billion in 2006. BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. As a reliable partner to virtually all industries, BASF’s high-value products and intelligent system solutions help its customers to be more successful. BASF develops new technologies and uses them to meet the challenges of the future and open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future. BASF has approximately 95,000 employees and posted sales of €52.6 billion (approximately $66.1 billion) in 2006.
Further information on BASF is available on the Internet at www.basf.com.