BASF increases price for Neopentylglycol

With immediate effect or as existing contracts permit BASF is increasing the price for Neopentylglycol (NPG) as follows:

Regions:                              Price Increase:

Europe                                 + 150 Euro/ton (MT)

Asia (w/o China)                   + 180 US-Dollar/ton (MT)

South America                     + 180 US-Dollar/ton (MT)

North America                      + 0.08 US-Dollar/pound (LB)

Neopentylglycol (NPG) is a high-quality intermediate used, for example, to produce polyester resins for coatings, unsaturated polyester resins, lubricants and plasticizers. In North America BASF markets Neopentylglycol (NPG) under its Neol^® brand.

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About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 117,000 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 six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €59 billion in 2019. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.

Media contacts

EU/Global
Klaus-Peter Rieser
Phone: +49 621 60-95138
Email: klaus-peter.rieser@basf.com

Asia-Pacific
Ferrand Cunningham
Phone: +852 67556916
Email: ferrand.cunningham@basf.com

North America
Alberto Hernandez
Phone: +1 973 245-5228
Email: alberto.hernandez@basf.com

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