The Urethane Blog

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.

https://www.basf.com/us/en/media/market-news-/2021/basf-to-increase-price-for-diols-and-derivatives-in-north-americ3.html

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!