Industry News, Price Increases, Suppliers News

BASF Announces Price Increases for Polyalcohols in Europe

BASF increases prices for Neopentylglycol, Trimethylolpropane and 1,6-Hexanediol in Europe,

BASF is increasing the prices of the following polyalcohols with immediate effect or as existing contracts permit in Europe:
 
• Neopentylglycol (NPG)  – €80 Euro/mt
• Trimethylolpropane (TMP) – €80 Euro/mt
• 1,6-Hexanediol (HDO) – €100 Euro/mt
 
Neopentylglycol (NPG) is a high-quality intermediate used, for example, to produce polyester resins for coatings, unsaturated polyester resins, lubricants and plasticizers. Trimethylolpropane (TMP) is a high-quality intermediate that is used primarily for the production of alkyd resins, which are used in paints and coatings. It also serves to produce lubricants. 1,6-Hexanediol (HDO) is used to manufacture industrial coatings including lower volatile organic compound formulations, polyurethanes, adhesives and cosmetics. HDO also serves as a reactive thinner in the formulation of epoxy systems,

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