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BASF Announces Price Increases

For diols and derivatives in North America; butanediol and derivatives in Europe.

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By: Anthony Locicero

Copy editor, New York Post

Effective Jan. 1, 2021, or as existing contracts permit, BASF will increase prices in North America for 1,4-Butanediol (BDO) and derivatives.

1,4- Butanediol (BDO) $0.06/lb

N-methylpyrrolidone (NMP) $0.08/lb

Polytetramethylene ether glycol (PolyTHF) $0.08/lb

With immediate effect, or as existing contracts permit, BASF SE will increase its European selling prices for the following products:

Tetrahydrofuran (THF) + 380 EUR/mt

N-Methyl-2-Pyrrolidone (NMP) + 300 EUR/mt

Gamma Butyrolactone (GBL) + 300 EUR/mt

Polybutylene terephthalate (PBT) + 175 EUR/mt

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