BASF to increase prices for butanediol and derivatives in Europe

With immediate effect, or as existing contracts permit, BASF SE will increase its European selling prices for the following products:

1,4-Butanediol (BDO)                                            + 300 EUR/mt

Tetrahydrofuran (THF)                                           + 380 EUR/mt

Polytetramethylene ether glycol (PolyTHF®)        + 380 EUR/mt

N-Methyl-2-Pyrrolidone (NMP)                             + 300 EUR/mt

N-Ethylpyrrolidone (NEP)                                      + 300 EUR/mt

Gamma Butyrolactone (GBL)                                + 300 EUR/mt

Polybutylene terephthalate (PBT)                          + 175 EUR/mt

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

PolyTHFâ is a registered trademark of BASF Group in many countries.

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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.

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