March, 23, 2007 - Basell announced today that it will increase prices by € 80 per tonne on its Adsyl, Adflex and reactor grade Hifax products sold in the European, Middle East and African regions, effective April 1st.

“This increase is due to the continued escalation in energy, transportation and raw material costs,” said Anton de Vries, managing director of Basell Sales & Marketing Company B.V. and president of Basell’s Advanced Polyolefins Business.

Basell is the global leader in polyolefins technology, production and marketing. It is the largest producer of polypropylene and advanced polyolefin products; a leading supplier of polyethylene and catalysts, and the industry leader in licensing polypropylene and polyethylene processes, including providing technical services for its proprietary technologies. Basell, together with its joint ventures, has manufacturing facilities in 19 countries and sells products in more than 120 countries. Additional information about Basell, including the company’s 2006 Annual Report, is available at www.basell.com.

For more information contact Chantal Sohm, Basell Corporate Communications
at +33 1 55 51 21 19 or chantal.sohm@basell.com