BASF increases prices polyalcohol products in Europe

BASF increases prices for polyalcohol products in Europe

6:10 AM, 8th June 2017
BASF increases prices for polyalcohol products in Europe

LUDWIGSHAFEN, GERMANY: BASF SE is increasing the prices of the following polyalcohols in Europe:

  • Neopentylglycol (NPG), +200 € per metric tonne
  • Trimethylolpropane (TMP), +200 €/mt
  • 1,6-Hexanediol (HDO), +100 €/mt

Neopentylglycol (NPG) is a high-quality intermediate used, for example, to produce polyester resins for coatings, unsaturated polyester resins, lubricants and plasticisers.

Trimethylolpropane (TMP) is a high-quality intermediate 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, which for example 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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