BASF announced Feb. 3 that it will globally increase the price for its vitamin A products by 20%, effective immediately. It said existing contractual obligations with customers will not be affected.
BASF is a worldwide leading producer of vitamin A for the animal and human nutrition industries as well as the cosmetic industry.
BASF had sales of more than 74 billion euros in 2014 and around 113,000 employees as of the end of the year.
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