BASF to increase price for diols and derivatives in North America

FLORHAM PARK, NJ, September 1, 2021 – Effective October 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)                                                    $0.14 / lb

Gamma-Butyrolactone (GBL)                                        $0.15 / lb

N-Methylpyrrolidone (NMP)                                           $0.15 / lb

Tetrahydrofuran (THF)                                                    $0.15 / lb

Polytetramethylene ether glycol (PolyTHF®)                 $0.18 / lb

2-Pyrrolidone (2P)                                                          $0.15 / lb

N-(2-Hydroxyethyl)-2-Pyrrolidone (HEP)                       $0.15 / lb

N-Octyl-2-Pyrrolidone (NOP)                                         $0.15 / 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-americ2.html