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March 15, 2017
By: KERRY PIANOFORTE
Editor, Coatings World
With immediate effect, or as existing contracts permit, BASF is increasing its European sales prices for ethanolamines (EOA) as follows: Monoethanolamine (MEOA) + 120 Euro/mt Diethanolamine (DEOA) + 120 Euro/mt Triethanolamine (TEOA) + 120 Euro/mt or by the equivalent amounts in local currency. The price increase will also apply to current supply agreements as soon as and to the extent permitted by their terms and conditions. Ethanolamines are high-class intermediates used in the manufacture of crop protection agents and wood protectants, surfactants for detergents and cleaning products, process chemicals for gas treatment, lubricants and cement additives as well as active pharmaceutical ingredients. BASF produces ethanolamines at its Verbund sites in Ludwigshafen, Germany; Antwerp, Belgium; and Nanjing, China.
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