Company News

January 4, 2022

Ashland Announces BDO Increase

Ashland Announces Price Increases for 1,4-Butanediol and Derivatives in North America

Ashland is increasing prices on 1,4-butanediol (BDO) and several derivative products.

Ashland Announces Price Increases for 1,4-Butanediol and Derivatives in North America

01.04.22
Ashland is increasing prices on 1,4-butanediol (BDO) and several derivative products. The company announced that 1,4 butanediol (BDO) will increase $0.45/lb. N-methyl-pyrrolidone (NMP), 2-pyrrolidone (2-Pyrol), and tetrahydrofuran (THF) will increase $0.50/lb, and Gamma-butyrolactone (BLO®) will increase $0.60/lb.

The increases apply to North America and are effective Jan. 1, 2022, or as agreements allow. Micropure and other specialty grades, or packaged material may carry a larger price increase.

https://www.coatingsworld.com/contents/view_breaking-news/2022-01-04/ashland-announces-price-increases-for-14-butanediol-and-derivatives-in-north-america/

January 4, 2022

Ashland Announces BDO Increase

Ashland Announces Price Increases for 1,4-Butanediol and Derivatives in North America

Ashland is increasing prices on 1,4-butanediol (BDO) and several derivative products.

Ashland Announces Price Increases for 1,4-Butanediol and Derivatives in North America

01.04.22
Ashland is increasing prices on 1,4-butanediol (BDO) and several derivative products. The company announced that 1,4 butanediol (BDO) will increase $0.45/lb. N-methyl-pyrrolidone (NMP), 2-pyrrolidone (2-Pyrol), and tetrahydrofuran (THF) will increase $0.50/lb, and Gamma-butyrolactone (BLO®) will increase $0.60/lb.

The increases apply to North America and are effective Jan. 1, 2022, or as agreements allow. Micropure and other specialty grades, or packaged material may carry a larger price increase.

https://www.coatingsworld.com/contents/view_breaking-news/2022-01-04/ashland-announces-price-increases-for-14-butanediol-and-derivatives-in-north-america/

January 4, 2022

BASF Raising Polyetheramines Prices

BASF to increase prices for select polyetheramines in North America

FLORHAM PARK, NJ, January 4, 2022 – Effective January 15, 2022 or as existing contracts permit, BASF will increase its prices in North America for select polyetheramines sold under the brand name Baxxodur®.

Product                                                                               Price Increase

Polyetheramine D230 (Baxxodur® EC 301)                        $0.42/ lb.

Polyetheramine D2000 (Baxxodur® EC 303)                      $0.24/ lb.

Polyetheramine T403 (Baxxodur® EC 310)                         $0.21/ lb.

Isophorone diamine (Baxxodur® EC 201)                           $0.82/ lb.

4,7,10-Trioxatridecan-1,13-diamine (Baxxodur® EC 130)   $0.92/ lb.

Under the brand name Baxxodur®, BASF markets a diversified portfolio of amine-based curing components for the professional and application-oriented processing of epoxy resins. BASF’s Baxxodur products are featured in many applications as highly efficient curing agents in various coating applications and sealing compounds, for the wind energy, electrical industry as well as in composites, adhesives and flooring.

https://www.basf.com/us/en/media/market-news-/2022/basf-to-increase-prices-for-select-polyetheramines-in-north-amer3.html

January 4, 2022

BASF Raising Polyetheramines Prices

BASF to increase prices for select polyetheramines in North America

FLORHAM PARK, NJ, January 4, 2022 – Effective January 15, 2022 or as existing contracts permit, BASF will increase its prices in North America for select polyetheramines sold under the brand name Baxxodur®.

Product                                                                               Price Increase

Polyetheramine D230 (Baxxodur® EC 301)                        $0.42/ lb.

Polyetheramine D2000 (Baxxodur® EC 303)                      $0.24/ lb.

Polyetheramine T403 (Baxxodur® EC 310)                         $0.21/ lb.

Isophorone diamine (Baxxodur® EC 201)                           $0.82/ lb.

4,7,10-Trioxatridecan-1,13-diamine (Baxxodur® EC 130)   $0.92/ lb.

Under the brand name Baxxodur®, BASF markets a diversified portfolio of amine-based curing components for the professional and application-oriented processing of epoxy resins. BASF’s Baxxodur products are featured in many applications as highly efficient curing agents in various coating applications and sealing compounds, for the wind energy, electrical industry as well as in composites, adhesives and flooring.

https://www.basf.com/us/en/media/market-news-/2022/basf-to-increase-prices-for-select-polyetheramines-in-north-amer3.html

December 22, 2021

Nouryon Moves to Radnor

Nouryon signs lease in Radnor for its North American headquarters

Brandywine Realty Trust owns Radnor Corporate Center.

By Natalie Kostelni  –  Reporter, Philadelphia Business Journal 3 hours ago

Nouryon, a specialty chemicals company owned by Carlyle Group Inc., has signed a lease in Radnor for its North American headquarters.

The company leased 50,000 square feet over two floors at Five Radnor Center at 100 Matson Ford Road. It expanded from 12,000 square feet within the office complex and committed to designate the space as its headquarters. Its global headquarters is in the Netherlands. Brandywine Realty Trust is the landlord of the Radnor property.

Carlyle bought Nouryon in 2018 from Akzo Nobel N.V., which is based in Amsterdam, for the equivalent of roughly $11 billion. Earlier this year, Nouryon spun out Nobian, its base chemicals business, though the unit remains owned by Carlyle. In September, Nouryon filed a registration statement with the Securities and Exchange Commission for an initial public offering.

Charlie Shaver is chairman and CEO of Nouryon. Prior to taking on that role, Shaver headed up Axalta Coating Systems Ltd., a Dow Chemical Co. spinout that was bought by Carlyle and taken public. Axalta had its headquarters in Philadelphia until November 2020 but continues to maintains an R&D facility at the Philadelphia Navy Yard.

Shaver also served as an operating partner at Carlyle and worked at Dow Chemical from 1980 until 1996.

https://www.bizjournals.com/philadelphia/news/2021/12/22/nouryon-signs-lease-for-north-american-hq.html