BASF to increase price for diols and derivatives in North America

FLORHAM PARK, NJ, December 1, 2016 – Effective January 1, 2017 or as existing contracts permit, BASF will increase prices on its list and off-list prices in North America for 1,4-Butanediol (BDO) and derivatives.

Product | Price Increase
1,4-Butanediol (BDO) | $0.03 / lb
Tetrahydrofuran (THF) | $0.04 / lb
Gamma-butyrolactone (GBL) | $0.04 / lb
N-methylpyrrolidone (NMP) | $0.04 / lb
Polytetramethylene ether glycol (PolyTHF®) | $0.05 / lb
N-vinylpyrrolidone (NVP) | $0.10 / lb        
2-Pyrrolidone (2P) | $0.10 / lb

BDO and its derivatives are used for producing engineering plastics, polyurethanes, solvents and elastic spandex fibers.

PolyTHF® is a registered trade mark of BASF Group in many countries.

About BASF

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has nearly 17,500 employees in North America, and had sales of $17.4 billion in 2015. For more information about BASF’s North American operations, visit www.basf.us.
 
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 112,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of more than €70 billion in 2015. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information at www.basf.com.

P-US-16-235