BASF to increase price for neopentylglycol in North America

FLORHAM PARK, NJ, September 4, 2018 – Effective October 1, 2018, or as existing contracts permit, BASF Corporation will increase its price for all grades of neopentylglycol (NEOL^®/NPG) by $0.05 / lbs.

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.

NEOL is a registered trademark of BASF Corporation.

 

About BASF

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 18,200 employees in North America, and had sales of $17.9 billion in 2017. For more information about BASF’s North American operations, visit www.basf.com.

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The more than 115,000 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 five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of €64.5

P-US-18-095