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BASF to Increase Prices for Certain Polyalcohols in North America

NPG, HDO prices are scheduled to rise.

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By: DAVID SAVASTANO

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

Effective Oct. 1, 2016 or as contracts allow, BASF is increasing its list and off-list prices in North America for all grades of the following certain polyalcohols:
 
•  Neopentylglycol (NPG, NEOL) $0.04 / lb On & Off List
•  1,6-Hexanediol Molten (HDO) $0.06 / lb On & Off List
 
Neopentylglycol (NPG, NEOL) is mainly used as a building block in polyester resins for coatings, unsaturated polyesters, lubricants and plasticizers.
 
1,6-Hexanediol (HDO) is used to manufacture industrial coatings including lower volatile organic compound formulations, polyurethanes, adhesives, and cosmetics. HDO also serves as a chemical building block for the production of reactive thinners in the formulation of epoxy systems, which are used for the efficient production of rotor blades for modern wind turbines, as well as construction components for automotive lightweight applications.

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