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BASF increases price for Neopentylglycol
29-May-2002
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Effective June 1, 2002 BASF will increase the price for Neopentylglycol in Europe by € 0.10/kg, as contracts allow. This increase is necessary to partially offset the continued rise in raw material costs.
Neopentylglycol is mainly used as a raw material in the manufacture of polyester resins for powder coatings and fiberglass reinforced plastics.