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    Breaking News

    BASF Increasing Diols, Derivatives Prices in North America

    BDO and its derivatives are used for producing engineering plastics, polyurethanes, solvents and elastic spandex fibers.

    BASF Increasing Diols, Derivatives Prices in North America
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    Ink World staff09.01.20
    Effective Oct. 1, 2020, or as existing contracts permit, BASF Corporation will increase prices in North America for 1,4-Butanediol (BDO) and derivatives.

    Product                                                                       Price Increase

    1,4- Butanediol (BDO)                                                $0.05 / lb

    Gamma-butyrolactone (GBL)                                     $0.05 / lb

    Tetrahydrofuran (THF)                                                $0.07 / lb

    N-methylpyrrolidone (NMP)                                        $0.05 / lb

    Polytetramethylene ether glycol (PolyTHF)              $0.07 / lb

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      Forecasted to grow at a CAGR of 6.6% from an estimated value of $21.8 billion in 2020.
      MarketsandMarkets 10.06.20
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      “Discovering breakthrough solutions requires a passion and tenacity for innovation,” said Guillermo Novo, chairman and CEO, Ashland.
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      Prices on VINNAPAS and VINNOL brand will be raised up to 10%.
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      For UV oligomers, special binders, pigment preparations and additives.
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      BASF, SINOPEC Expand Capacity for Neopentylglycol in Nanjing, China

      BASF, SINOPEC Expand Capacity for Neopentylglycol in Nanjing, China

      Annual capacity to reach 80,000 metric tons per year.
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      The projected start-up of the new power plant is planned to be in 2023.
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    CURRENT ISSUE

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