October 2, 2006 - Basell announced today that it will increase prices by € 60 per tonne on its Adsyl, Adflex, Hifax and Hostacom ranges of advanced polyolefin products sold in the European, Middle East and African regions, effective immediately.

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

Basell is the world's largest producer of polypropylene and advanced polyolefin products, a leading supplier of polyethylene and catalysts, and a global leader in the development and licensing of polypropylene and polyethylene processes. Basell, together with its joint ventures, has manufacturing facilities around the world and sells products in more than 120 countries. Additional information about Basell 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