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| 2009-07-01 |
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BASF increases its prices for butanediol and its derivatives in Europe
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Effective July 1, 2009, or as contracts allow, BASF (www.basf.com) is increasing the sales prices for butanediol and butanediol derivatives by EUR50 per metric ton in Europe. This measure applies in particular to 1,4 butanediol (BDO), tetrahydrofuran (THF), gamma-butyrolactone (GBL) and N-methylpyrrolidone (NMP). The price adjustment is related to unsatisfactory margins and is necessary to ensure that BASF can continue to offer high-quality products and services to its customers. BASF announced a global price increase for the BDO derivative polytetrahydrofuran (PolyTHF®) already in April 2009. Advert With plants in Europe, Asia and North America, BASF is one of the world’s top manufacturers of BDO and its derivatives. The company’s total annual capacity amounts to 535,000 metric tons of these products. BDO and its derivatives are widely used for producing engineering plastics, polyurethanes, solvents, electronic chemicals and elastic fibers.
PolyTHF is a registered trademark of the BASF Group in many countries. |
BASF SE, Ludwigshafen, Germany
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