Industry News, Price Increases, Suppliers News

BASF Increases Prices for Certain Polyalcohols in North America

Announces increases for 1,6-Hexanediol, Neopentylglycol.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

Effective March 15, 2017 or as contracts allow, BASF will increase its list and off-list prices in North America for all grades of the following products:
• 1,6-Hexanediol (HDO)– $0.07/lb.
• Neopentylglycol (NPG, NEOL) – $0.11/lb.
 
Neopentylglycol (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.
 
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, which are used for the efficient production of rotor blades for modern wind turbines, as well as construction components for automotive lightweight applications.
 
 

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