Pricing and Markets
March 1, 2021
BASF Announces TDI and Polyol Increases
March 1, 2021
Dear Valued Customer,
Effective April 1, 2021 or as contracts allow, BASF Corporation is raising the price for all Lupranate® TDI products by $0.11 per pound, and all Pluracol® polyol products by $0.13 per pound.
Your BASF Account Manager will provide further details of this announced increase and is available to answer any questions you may have. We appreciate your continued support for BASF Urethane Chemicals.
March 1, 2021
Butanediol Podcast
PODCAST: US BDO struggles amid myriad supply constraints
Author: Antoinette Smith
2021/02/26
HOUSTON (ICIS)—Although US butanediol (BDO) plants in Louisiana and Ohio were not mechanically affected by the winter storm that idled most chemical production in the US Gulf, feedstock availability could curtail production.
No issues were reported for BASF and Ashland BDO production as a result of the arctic blast.
But the storm caused LyondellBasell to declare force majeure for feedstock propylene oxide (PO) and derivatives – including BDO – produced at its Texas site, further tightening North American supply.
In addition, the market has only recently begun to feel the effects of the late-2020 closure of the Lycra (Shandong Ruyi) BDO plant in Texas.
BDO expert Antoinette Smith discusses this and more in the following podcast interview by Anna Matherne and Alex Snodgrass.
https://www.podomatic.com/embed/html5/episode/9971439?style=normal&autoplay=false
March 1, 2021
Butanediol Podcast
PODCAST: US BDO struggles amid myriad supply constraints
Author: Antoinette Smith
2021/02/26
HOUSTON (ICIS)—Although US butanediol (BDO) plants in Louisiana and Ohio were not mechanically affected by the winter storm that idled most chemical production in the US Gulf, feedstock availability could curtail production.
No issues were reported for BASF and Ashland BDO production as a result of the arctic blast.
But the storm caused LyondellBasell to declare force majeure for feedstock propylene oxide (PO) and derivatives – including BDO – produced at its Texas site, further tightening North American supply.
In addition, the market has only recently begun to feel the effects of the late-2020 closure of the Lycra (Shandong Ruyi) BDO plant in Texas.
BDO expert Antoinette Smith discusses this and more in the following podcast interview by Anna Matherne and Alex Snodgrass.
https://www.podomatic.com/embed/html5/episode/9971439?style=normal&autoplay=false
February 26, 2021
Lyondell Announces BDO & Derivatives Increases
February 26, 2022
Subject: Lyondell Chemical Company; 1, 4 Butanediol and Derivatives Price Increase
Dear Valued Customer,
Effective April 1, 2021 or as contracts allow, Lyondell Chemical Company will increase its prices for 1,4 Butanediol and Derivatives Products as shown below.
Chemical Name Price Increase
1,4 Butanediol (BDO) $0.30/LB
N-Methyl-2-Pyrrolidone (NMP) – All Grades $0.30/LB
Tetrahydrofuran (THF) $0.38/LB
Polytetramethylene Glycol, PolyMEG® P1000 $0.40/LB
Polytetramethylene Glycol, PolyMEG® P2000 $0.40/LB
Polytetramethylene Glycol, PolyMEG® 650 $0.40/LB
Our acceptance of orders submitted prior to the increase date will be subject to our ability to supply. We appreciate the confidence you have placed in us as a supplier, and we look forward to our continuing business relationship.
As always, your account manager is available to work
with you or answer any questions you may have.
February 26, 2021
Lyondell Announces BDO & Derivatives Increases
February 26, 2022
Subject: Lyondell Chemical Company; 1, 4 Butanediol and Derivatives Price Increase
Dear Valued Customer,
Effective April 1, 2021 or as contracts allow, Lyondell Chemical Company will increase its prices for 1,4 Butanediol and Derivatives Products as shown below.
Chemical Name Price Increase
1,4 Butanediol (BDO) $0.30/LB
N-Methyl-2-Pyrrolidone (NMP) – All Grades $0.30/LB
Tetrahydrofuran (THF) $0.38/LB
Polytetramethylene Glycol, PolyMEG® P1000 $0.40/LB
Polytetramethylene Glycol, PolyMEG® P2000 $0.40/LB
Polytetramethylene Glycol, PolyMEG® 650 $0.40/LB
Our acceptance of orders submitted prior to the increase date will be subject to our ability to supply. We appreciate the confidence you have placed in us as a supplier, and we look forward to our continuing business relationship.
As always, your account manager is available to work
with you or answer any questions you may have.