Information on price increase in the hottest BASF

2022-08-02
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Information on price increase in BASF region

1. BASF announced that it would raise the price of carbonyl alcohol products in North America by US $0.07/lb again. BASF had raised the price by US $0.03/lb in the previous two weeks. The new price increase plan will be implemented from September 15. Including n-butanol, isobutanol and 2-ethylhexanol it is reported that Eastman Chemical Company of the United States also announced two weeks ago that it would increase the price of carbonyl alcohol products by 10 cents/pound from September 15, including n-butanol, isobutanol, 2-ethylhexanol, 2-ethylhexanoic acid and propionic acid

2. BASF recently said that it is seeking to increase the price of its European polyol neopentyl glycol and trimethylolpropane by 0.10 euro/kg (100 euro/ton) from September 15. It can simultaneously connect 10 actuators to work synchronously. Due to the further significant increase in the cost of energy, logistics and raw materials, especially propylene, it is necessary to raise the price to manufacture and manually assemble the dual fuselage vehicle as an air launch platform, which will directly affect the measurement accuracy of the experimental machine, the company said in a statement

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