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2009-09-22

BASF raises prices for certain polyalcohols

BASF (www.basf.com) is raising the prices for its polyalcohols neopentylglycol (NPG), trimethylolpropane (TMP) and hydroxypivalic acid neopentylglycolester (HPN) worldwide with immediate effect or as allowed by contract:

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• Europe, Africa, Middle East: +EUR 0.14/kg
• The Americas: +USD 0.10/lb
• Asia Pacific: +USD 0.20/kg

The price adjustments are necessary to respond to raw material cost increases.

Polyalcohols are widely used in solvent-free coatings as well as in the production of polyurethanes, alkyd resins, unsaturated polyester resins and synthetic lubricants.

BASF SE, Ludwigshafen, Germany

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