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BASF Increases Price for Neopentylglycol in Europe

This price increase is in addition to the price increase for NPG communicated on Nov. 10, 2020 by €150/ton (MT) in Europe.

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By: DAVID SAVASTANO

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

With immediate effect or as existing contracts permit BASF is further increasing the price for Neopentylglycol (NPG) in Europe by €200/ton (MT).

 

This price increase is in addition to the price increase for NPG communicated on Nov. 10, 2020, by €150/ton (MT) in Europe.

 

NPG is a unique polyalcohol that has proven itself in many applications, especially in the production of polyester and alkyd resins for various coatings and plastics due to its high chemical and thermal stability. An essential field of application is powder coatings, which prove particularly successful in the construction industry as well as in the coating of household appliances.

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