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.