FLORHAM PARK, NJ, March 7, 2008 -- BASF will increase prices for Polyamide 6 polymer by $0.10 per pound, or as contracts allow, effective March 14, 2008. This increase covers PA6 polymer for spinning, film and wire and cable applications, neat resin for compounding, as well as PA6,66 copolymers.

“We continue to experience volatility of raw material and energy costs,” said Mark Dobson, business director of BASF’s Polyamide and Intermediates business in North America. “Besides the usual oil and benzene tracking, BASF closely watches all raw materials, including ammonia and sulfur, which have had unprecedented increases over the past three months. Despite these challenges, we prudently increase our pricing structure to minimize the impact to our customers. The attached chart depicts the instability we face on a daily basis to balance our margins.”

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About BASF Corporation
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 15,000 employees in North America, and had sales of approximately $16.4 billion in 2007. For more information about BASF’s North American operations, or to sign up to receive news releases by e-mail, visit www.basf.com/usa.

BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from oil and gas to chemicals, plastics, performance products, agricultural products and fine chemicals. As a reliable partner, BASF helps its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges, such as climate protection, energy efficiency, nutrition and mobility. BASF has more than 95,000 employees and posted sales of almost €58 billion in 2007. Further information on BASF is available on the Internet at www.basf.com.

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