January 30, 2003 -- Basell announced today that it is increasing the market price for all Adsyl grades of sealant polymers by €100 per ton effective March 1.

"This increase is intended to partially restore margins to a more satisfactory level and to continue supporting the growth of these materials," said Greg Larson, senior vice president for Basell’s Global Advanced Polyolefins Films Business Unit. "We plan to implement this increase in all regions of the world."

In addition to Advanced Polyolefins, Basell develops, produces and markets polypropylene, polyethylene and polyolefin catalysts, and also develops and licenses polyolefin processes. Basell’s Internet address is www.basell.com.

For additional information contact Greg Larson at +1 302-996-6030 or greg.larson@basell.com

Adsyl is a trademark owned by Basell. Adsyl is registered in the U.S. Patent and Trademark Office.