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BASF increases prices for certain polyalcohols in North America
FLORHAM PARK, NJ, 24 February 2017 -- Effective March 15, 2017 or as contracts allow, BASF will increase its list and off-list prices in North America for all grades of the following products:
P-US-17-011
| Product | Price Increase | |
| Neopentylglycol (NPG, NEOL®) | $0.11 / lb | |
| 1,6-Hexanediol (HDO®) | $0.07 / lb |
Neopentylglycol (NPG), which is marketed by BASF Corporation under the brand NEOL®, is mainly used as a building block in polyester resins for coatings, unsaturated polyesters, lubricants and plasticizers.
1,6-Hexanediol (HDO®) is used to manufacture industrial coatings including lower volatile organic compound formulations, polyurethanes, adhesives, and cosmetics. HDO also serves as a reactive thinner in the formulation of epoxy systems, which are used for the efficient production of rotor blades for modern wind turbines, as well as construction components for automotive lightweight applications.
NEOL® and HDO® are registered trademarks of BASF Corporation.