BASF to increase price for diols and derivatives in North America

FLORHAM PARK, NJ, June 1, 2021 – Effective July 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)                                               $0.10 / lb

Gamma-Butyrolactone (GBL)                                    $0.15 / lb

N-Methylpyrrolidone (NMP)                                       $0.15 / lb

Tetrahydrofuran (THF)                                                $0.25 / lb

Polytetramethylene ether glycol (PolyTHF®) $0.25 / lb

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

https://www.basf.com/us/en/media/market-news-/2021/basf-to-increase-price-for-diols-and-derivatives-in-north-americ1.html