BASF increases prices for certain polyalcohols in Europe

BASF is increasing the prices of the polyalcohols neopentylglycol (NPG), trimethylolpropane (TMP), hydroxypivalic acid neopentyl glycol ester (HPN), 1,6-hexanediol (HDO) and 1,5-pentanediol (PDO), with immediate effect or as existing contracts permit by 150 €/mt in Europe.

These price adjustments are due to continued increases in raw materials and energy prices.

The polyalcohols mentioned are widely used in solvent-free coatings and for the production of polyurethanes, alkyd resins, unsaturated polyester resins and synthetic lubricants.