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LUDWIGSHAFEN, GERMANY: BASF SE said that it will increase prices for numerous pigments by up to 15 percent worldwide.
The price increase predominantly affects phthalocyanine and inorganic pigments used in the coatings, plastics and printing industries.
The price adjustments are necessary due to higher raw materials costs eg- copper, titanium dioxide (TiO2) or cobalt, as well as further challenging environmental, health and safety costs.
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