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BASF Announces Price Increases for Some Polyalcohols in Europe

Increases prices for neopentylglycol, trimethylolpropane and 1,6-hexanediol in Europe.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

BASF is increasing the prices of the following polyalcohols with immediate effect or as existing contracts permit in Europe:
• Neopentylglycol (NPG) by €130/mt
• Trimethylolpropane (TMP) by €130/mt
• 1,6-Hexanediol (HDO) by €200/mt
 
Neopentylglycol (NPG) is a high-quality intermediate used, for example, to produce polyester resins for coatings, unsaturated polyester resins, lubricants and plasticizers. Trimethylolpropane (TMP) is a high-quality intermediate that is used primarily for the production of alkyd resins, which are used in paints and coatings. It also serves to produce lubricants. 1,6-Hexanediol (HDO) is used to manufacture industrial coatings including lower volatile organic compound formulations, polyurethanes, adhesives, and cosmetics.

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