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BASF Increases Prices for Nature-Identical Carotenoids for Human and Animal Nutrition, Excluding Astaxanthin

04-04-2011: BASF globally increases prices for all nature-identical carotinoid formulations containing canthaxanthin, citranaxanthin, C30-ester and beta-carotene by approximately 12%, effective immediately or as existing commitments allow.

The products affected are all grades for human and animal nutrition including Lucarotin®, Beta-Carotene, Lucantin® Red, Lucantin® Yellow and Lucantin® CX Forte. All existing contractual obligations will be honored. Lucantin® Pink (astaxanthin) is not affected.

This increase is necessary to compensate for negative impacts resulting from a combination of increased energy and raw material prices, higher logistics costs and negative exchange rate effects.

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