I Remember When Price Hikes were 5c/lb!
December 2, 2021
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!