BASF to increase prices for certain polyalcohols in North America

FLORHAM PARK, NJ, November 30, 2018 – Effective January 1, 2019, or as existing contracts permit, BASF will increase prices in North America for 1,6 Hexanediol (HDO^®), epsilon-Caprolactone (CLO), and Polycaprolactone (Capromer^®) by $0.10 / lb.

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 are used for the production of rotor blades for wind turbines and construction components for automotive lightweight applications.

CLO is used as a building block in the production of polycaprolactone, protective and industrial coatings, polyurethanes, cast elastomers, adhesives, colorants, pharmaceuticals and many more.

Under the Capromer brand, BASF offers a range of high-quality polycaprolactone types that serve as building blocks to produce polyurethanes such as thermoplastic polyurethanes (TPUs) and cast elastomers, or as binders for coating systems and adhesives. Dispersion products based on Capromer are used for textile and leather applications, as well as coating applications.

HDO and Capromer are registered trademarks 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 four segments: Chemicals, Performance Products, Functional Materials & Solutions and Agricultural Solutions. BASF generated sales of more than €60 billion in 2017. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.