BASF Increases Prices for Vitamin B2

Furthermore, BASF is to shut down the production of vitamin B2 at its facility in Gunsan, South Korea, during August 2010 a few weeks to conduct its annual routine overhaul.

10 May 2010 --- BASF will globally increase the price for vitamin B2 products for human and animal nutrition by 10% as of May 10, 2010, respectively in line with existing commitments. This price increase is necessary to reflect higher prices for raw materials, the company said.

Furthermore, BASF is to shut down the production of vitamin B2 at its facility in Gunsan, South Korea, during August 2010 a few weeks to conduct its annual routine overhaul. BASF will continue to meet all supply commitments to customers during that time. BASF produces vitamin B2 (riboflavin) by fermentation.