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BASF Increases Price for Diols, Derivatives, Certain Polyalcohols in North America

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By: Anthony Locicero

Copy Editor, New York Post

Effective July 1, 2018, or as existing contracts permit, BASF will increase prices in North America for 1,4-Butanediol and derivatives.

Product                                                                            Price Increase
1,4- Butanediol (BDO)                                                      $0.07 / lb
Tetrahydrofuran (THF)                                                      $0.09 / lb
Gamma-butyrolactone (GBL)                                           $0.09 / lb
N-methylpyrrolidone (NMP)                                              $0.09 / lb
N-vinylpyrrolidone (NVP)                                                  $0.09 / lb
Polytetramethylene ether glycol (PolyTHF®) 1000            $0.09 / lb
Polytetramethylene ether glycol (PolyTHF®) 2000            $0.09 / lb
Polytetramethylene ether glycol (PolyTHF®) 650              $0.15 / lb
2-Pyrrolidone (2-P)                                                           $0.09 / lb

BDO and its derivatives are used for producing engineering plastics, polyurethanes, solvents and elastic spandex fibers.

Effective July 1, 2018, or as existing contracts permit, BASF will increase prices for neopentylglycol (NPG).

Product                                        Price Increase
Neopentylglycol Slurry                  $0.02 / lb
Neopentylglycol Flake                   $0.05 / lb

NPG, which is marketed by BASF under the brand NEOL, is mainly used as a building block in polyester resins for coatings, unsaturated polyesters, lubricants and plasticizers.

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