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BASF Announces Price Increases

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

By: Coatings World staff

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

Product                                                                          Price Increase

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

Gamma-butyrolactone (GBL)                                           $0.08/lb

N-methylpyrrolidone (NMP)                                              $0.08/lb

Tetrahydrofuran (THF)                                                       $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:

1,4-Butanediol (BDO)                                            + 300 EUR/mt

Tetrahydrofuran (THF)                                           + 380 EUR/mt

Polytetramethylene ether glycol (PolyTHF®)        + 380 EUR/mt

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

N-Ethylpyrrolidone (NEP)                                      + 300 EUR/mt

Gamma Butyrolactone (GBL)                                + 300 EUR/mt

Polybutylene terephthalate (PBT)                          + 175 EUR/mt

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