(basf) -- BASF
is increasing the prices of the polyalcohols neopentylglycol (NPG),
trimethylolpropane (TMP), hydroxypivalic acid neopentyl glycol ester (HPN),
1,6-hexanediol (HDO) and 1,5-pentanediol (PDO), with immediate effect or as
existing contracts permit by EUR150/mt in Europe.
These price
adjustments are necessary to support BASF's ongoing efforts to assure highest
levels of product and service quality to its customers and due to continued
increases in raw materials and energy prices. The polyalcohols mentioned are
widely used in solvent-free coatings and for the production of polyurethanes,
alkyd resins, unsaturated polyester resins and synthetic
lubricants.
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