Announcement on Price Increase for TDI products

We would like to inform you that BorsodChem Polyurethanes Division announces an overall price increase of 200 EUR/mt for Q1 prices of TDI products. The increase comes into effect as of February 1st, 2013 or as contract allows.

This price increase is a necessary step due to the enormous cost pressure on raw materials throughout the whole year 2012 and the considerable margin erosion. Therefore we must make this adjustment in order to re-establish the sustainable economics of our business.

Alex Liu                            Andrea Cappella
Vice President                   Director TDI Sales
Sales & Marketing