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BASF to increase price for Neopentylglycol

With immediate effect or as existing contracts permit BASF is increasing the price for Neopentylglycol (NPG) as follows:

Regions:                              Price Increase:

Europe                                 + 150 Euro/ton (MT)

Asia (w/o China)                   + 180 US-Dollar/ton (MT)

South America                     + 180 US-Dollar/ton (MT)

North America                      + 0.08 US-Dollar/pound (LB)

Neopentylglycol (NPG) is a high-quality intermediate used, for example, to produce polyester resins for coatings, unsaturated polyester resins, lubricants and plasticizers. In North America BASF markets Neopentylglycol (NPG) under its Neol® brand.

Source: BASF

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