Consumables

BASF raises prices for Neopentylglycol and Trimethylolpropane

Wednesday 25. March 2009 - BASF is raising its prices for Neopentylglycol (NPG) and Trimethylolpropane (TMP) worldwide with immediate effect or as allowed by contract:

BASF is raising its prices for Neopentylglycol (NPG) and Trimethylolpropane (TMP) worldwide with immediate effect or as allowed by contract:

Region

Europe, Africa, Middle East
The Americas
Asia Pacific
Product
NPG
+0,10 Euro/kg
+0,05 US-Dollars/pound
+0,05 US-Dollars/Kg
TMP
+0,10 Euro/kg
+0,05 US-Dollars/pound
+0,05 US-Dollars/Kg

This price adjustment is necessary due to increased cost and to support BASF’s ongoing efforts to assure highest levels of product and service quality to its customers.

NPG and TMP are polyalcohols that are widely used in solvent-free coatings as well as in the production of polyurethanes, alkyd resins and synthetic lubricants. BASF has NPG production facilities in Ludwigshafen (Germany), Freeport (TX, USA) a nd Jilin (China) with a total annual capacity of 165,000 metric tons. BASF has a TMP production facility at its Verbund site in Ludwigshafen, Germany, with an annual capacity of 20,000 metric tons.