Industry News, Price Increases, Suppliers News

BASF Increases Neopentylglycol Prices

NPG is a high-quality intermediate used, for example, to produce polyester resins for coatings, unsaturated polyester resins, lubricants and plasticizers.

With immediate effect or as existing contracts permit BASF is increasing the price for Neopentylglycol (NPG) as follows:


Regions:                              Price Increase:

Europe                                 + 150 Euro/ton (MT)

Asia (w/o China)                   + 180 US-Dollar/ton (MT)

South America                     + 180 US-Dollar/ton (MT)

North America                      + 0.08 US-Dollar/pound (LB)
 

Neopentylglycol (NPG) is a high-quality intermediate used, for example, to produce polyester resins for coatings, unsaturated polyester resins, lubricants and plasticizers.

In North America, BASF markets Neopentylglycol (NPG) under its Neol brand.
 

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