Media
BASF increases prices for neopentylglycol and
1,6-hexanediol in Europe
With immediate effect, or as existing contracts permit, BASF is increasing the prices of the polyalcohols neopentylglycol (Neol®) and 1,6-hexanediol (HDO) in Europe as follows:
| Product | Price Increase |
| Neopentylglycol | €250 per metric ton |
| 1,6-Hexanediol | €300 per metric ton |
The price increase is driven by the global supply-demand situation and rising raw material costs. It is also necessary to support BASF’s ongoing commitment to providing the highest levels of product and service quality while supporting the continued growth of our customers.
Neopentylglycol (NPG) is a high-quality intermediate used, for example, to produce polyester resins for coatings, unsaturated polyester resins, 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 for example are used in the construction of components for automotive lightweight applications.
About BASF
At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred chemical company to enable our customers’ green transformation. We combine economic success with environmental protection and social responsibility. Around 95,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. BASF generated sales of around €60 billion in 2025. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.
P-26-150
