BASF increases worldwide prices for two chemical intermediates

chemicals and intermediates LUDWIGSHAFEN, Germany (Thomson Financial) - BASF SE. said it is raising worldwide prices for chemical intermediatesTriphenylphosphine and 2-Mercaptoethanol by 15 percent to 20percent with immediate effect. High raw material and energy costs are the reasons for the priceincreases, the group said. The two named special chemicals are primarily used as intermediatesfor pharmaceuticals, agrochemicals and plastics. judith.csaba@thomsonreuters.com jcs/ms1 COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson FinancialNews Content, including by framing or similar means, is expresslyprohibited without the prior written consent of Thomson FinancialNews. Neither the Subscriber nor Thomson Financial News warrants thecompleteness or accuracy of the Service or the suitability of theService as a trading aid and neither accepts any liability forlosses howsoever incurred. The content on this site, includingnews, quotes, data and other information, is provided by ThomsonFinancial News and its third party content providers for yourpersonal information only, and neither Thomson Financial News norits third party content providers shall be liable for any errors,inaccuracies or delays in content, or for any actions taken inreliance thereon.