Company News
December 2, 2021
I Remember When Price Hikes were 5c/lb!
BASF to increase price for diols and derivatives in North America
FLORHAM PARK, NJ, December 2, 2021 – Effective January 1, 2022 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) $0.50 / lb
N-Methylpyrrolidone (NMP) $0.50 / lb
Tetrahydrofuran (THF) $0.65 / lb
Polytetramethylene ether glycol (PolyTHF®) $0.65 / lb
2-Pyrrolidone (2P) $0.50 / lb
N-(2-Hydroxyethyl)-2-Pyrrolidone (HEP) $0.50 / lb
N-Octyl-2-Pyrrolidone (NOP) $0.50 / lb
BDO and its derivatives are used for producing engineering plastics, polyurethanes, pharmaceuticals, solvents and elastic spandex fibers.
PS: You know the old joke–child says to parent, I’ll be good for a dollar. Parent says to child, when I was your age I was good for nothing!
December 2, 2021
I Remember When Price Hikes were 5c/lb!
BASF to increase price for diols and derivatives in North America
FLORHAM PARK, NJ, December 2, 2021 – Effective January 1, 2022 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) $0.50 / lb
N-Methylpyrrolidone (NMP) $0.50 / lb
Tetrahydrofuran (THF) $0.65 / lb
Polytetramethylene ether glycol (PolyTHF®) $0.65 / lb
2-Pyrrolidone (2P) $0.50 / lb
N-(2-Hydroxyethyl)-2-Pyrrolidone (HEP) $0.50 / lb
N-Octyl-2-Pyrrolidone (NOP) $0.50 / lb
BDO and its derivatives are used for producing engineering plastics, polyurethanes, pharmaceuticals, solvents and elastic spandex fibers.
PS: You know the old joke–child says to parent, I’ll be good for a dollar. Parent says to child, when I was your age I was good for nothing!
December 2, 2021
BASF Increasing DMAPA Prices
BASF to increase price for dimethylaminopropylamine in U.S. and Canada
FLORHAM PARK, NJ, December 2, 2021 – Effective January 1, 2022 or as existing contracts permit, BASF will increase its price in U.S. and Canada for dimethylaminopropylamine (DMAPA) by $0.17 / lb.
DMAPA is used primarily to make surfactants found in personal care products such as shampoos.
December 2, 2021
BASF Increasing DMAPA Prices
BASF to increase price for dimethylaminopropylamine in U.S. and Canada
FLORHAM PARK, NJ, December 2, 2021 – Effective January 1, 2022 or as existing contracts permit, BASF will increase its price in U.S. and Canada for dimethylaminopropylamine (DMAPA) by $0.17 / lb.
DMAPA is used primarily to make surfactants found in personal care products such as shampoos.
December 2, 2021
Dow Reduces Guidance for Q4
Dow guides for lower than expected Q4 EBITDA on higher costs, lower PE pricing
Dec. 01, 2021 7:41 PM ETDow Inc. (DOW)By: Carl Surran, SA News Editor2 Comments
- Dow Inc. (NYSE:DOW) settled -4% today after the company said Q4 EBITDA should come in $150M-$200M below consensus estimates, citing higher raw material costs and lower polyethylene and co-product pricing.
- “Energy and feedstock costs had been elevated until last week, resulting in higher raw material costs in the quarter,” CFO Howard Ungerleider told Citi’s Global Basic Materials conference, according to Bloomberg.
- Regarding supply chain logjams, Ungerleider said he sees a container squeeze easing in 2022, but inflation and high freight rates will linger, S&P Global Platts reports.
- The CFO expects continued global polyethylene demand strength to outstrip new U.S. PE capacity scheduled to start up in Q4 2021 and early 2022.
- Dow has fallen for five straight sessions totaling a drop of nearly 11%, sending the stock’s YTD performance below breakeven.
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