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BASF to increase prices for butanediol and derivatives

December 04/2013

MOSCOW (MRC) -- BASF will increase its selling prices for butanediol and derivatives in Europe, according to the company's press release.

Prices for the following products will be increased with immediate effect, or as existing contracts permit: 1,4 butanediol (BDO) - by EUR50/tonne, tetrahydrofuran (THF) - by EUR70/tonne, polytetramethylene ether glycol (PolyTHF) - by EUR70/tonne.

The price adjustments reflect mainly the increase of raw material cost.

BDO and its derivatives are used for producing engineering plastics, polyurethanes, solvents and elastic spandex fibers.

THF is a high-quality intermediate that serves, for example, as a specialty solvent in the production of pharmaceuticals.

PolyTHF is used to make elastic spandex fibers for a large variety of textiles, including underwear, outerwear, sportswear and swimsuits. It also serves as a chemical building block for thermoplastic polyurethanes (TPU), which are used to make hoses, films and cable sheathing. Other applications include thermoplastic polyetheresters, polyetheramides and cast elastomers for the production of wheels for skateboards and inline skates.

As MRC wrote previously, in late November, 2013, BASF produced its first commercial volumes of 1,4-butanediol (BDO) from renewable raw material, and is offering this product to customers for testing and commercial use.

BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries. As for BDO and BDO-equivalents, BASF currently manufactures these products at its sites in Ludwigshafen, Germany; Geismar, Louisiana; Chiba, Japan; Kuantan, Malaysia; and Caojing, China, and has an annual capacity of 535,000 tonnes.
Author:Margaret Volkova
Tags:bioplastiki, poliuretan, elastotermoplast, ethylene, cable, neftehimiya, fibers/filaments, clothes and accessories, adhesives, tekstil, household chemicals/cosmetics/pharmaceuticals, film, hoses, BASF.
Category:General News
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