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BASF Increases Prices for Neopentylglycol and 1,6-Hexanediol in Europe

With immediate effect, or as existing contracts permit, BASF is increasing the prices of the polyalcohols Neo and HDO.

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By: Rachel Klemovitch

Assistant Editor

With immediate effect, or as existing contracts permit, BASF is increasing the prices of the polyalcohols neopentylglycol (Neol) and 1,6-hexanediol (HDO) in Europe as follows:

ProductPrice Increase
Neopentylglycol€250 per metric ton
1,6-Hexanediol€300 per metric ton 

The price increase is driven by the global supply-demand situation and rising raw material costs. It is also necessary to support BASF’s ongoing commitment to providing the highest levels of product and service quality while supporting the continued growth of our customers.

Neopentylglycol (NPG) is a high-quality intermediate used to produce polyester resins for coatings, unsaturated polyester resins, 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 in the construction of components for automotive lightweight applications.

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