BASF increases prices for butanediol and derivates
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With immediate effect or as existing contracts allow, BASF is increasing the sales prices for 1,4 butanediol (BDO) and its derivatives in Asia and Europe.
1,4-Butanediol (BDO): +0,15 [EUR/kg] (Europe); +0,30 [USD/kg] (Asia); +0,265 [USD/kg] (NAFTA)
Gamma-Butyrolactone (GBL): +0,15 [EUR/kg] (Europe); +0,30 [USD/kg] (Asia); +0,265 [USD/kg] (NAFTA)
N-Methylpyrrolidone (NMP - all grades): +0,15 [EUR/kg] (Europe); +0,30 [USD/kg] (Asia); +0,265 [USD/kg] (NAFTA)
Tetrahydrofuran (THF): +0,15 [EUR/kg] (Europe); +0,30 [USD/kg] (Asia); +0,265 [USD/kg] (NAFTA)
Polytetrahydrofuran (PolyTHF®): +0,15 [EUR/kg] (Europe); +0,30 [USD/kg] (Asia); +0,265 [USD/kg] (NAFTA)
With plants in Europe, Asia and NAFTA, BASF is the world's largest manufacturer of butanediol and its derivatives, according to the company. The company's total annual capacity amounts to 505,000 metric tons of BDO equivalents worldwide. BDO and its derivatives are widely used for the production of engineering plastics, polyurethanes, solvents, electronic chemicals, and elastic fibers (PolyTHF®).