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BASF to increase its price for neopentylglycol in the United States and Canada
FLORHAM PARK, NJ, April 16, 2026 – Effective April 27, 2026, or as existing contracts permit, BASF will increase its price for neopentylglycol in the United States and Canada for all grades and packaging. The additional adjustment is necessary due to further increases in raw material feedstock costs, specifically propylene and methanol.
| Product | Price Increase* | |
| Neopentylglycol (NEOL®/NPG) | $0.10/lb | $220/mt |
Neopentylglycol (NPG) is a unique polyalcohol offering superior performance in relation to other polyalcohols. Due to its high chemical and thermal stability, NPG has proven itself in many applications, especially as a building block for the production of polyester and alkyd resins for various coatings and plastics. An essential field of NPG application is powder coatings, which prove particularly successful in the construction industry as well as in the coating of household appliances. Other areas of application for NPG include the manufacture of lubricants, plasticizers and pharmaceuticals: It is used as a building block in the synthesis of for example hormones, cardiovascular drugs and painkillers. BASF markets NPG under its NEOL® brand.
NEOL is a registered trademark of BASF Corporation.
*All dollar amounts are USD
About BASF
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 15,600 employees in North America and had sales of $18.1 billion in 2025. For more information about BASF’s North American operations, visit www.basf.com/us.
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 108,000 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.