BASF increases prices for certain polyalcohols in Europe
Monday, Feb 13, 2012
BASF is increasing the prices of the polyalcohols neopentylglycol (NPG), trimethylolpropane (TMP), hydroxypivalic acid neopentyl glycol ester (HPN), 1,6-hexanediol (HDO) and 1,5-pentanediol (PDO), with immediate effect or as existing contracts permit by 150 €/mt in Europe.
These price adjustments are necessary to support BASF's ongoing efforts to assure highest levels of product and service quality to its customers and due to continued increases in raw materials and energy prices.
The polyalcohols mentioned are widely used in solvent-free coatings and for the production of polyurethanes, alkyd resins, unsaturated polyester resins and synthetic lubricants.
Source: BASF
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