BASF raises neopentyl glycol prices in Europe by €350/MT
Key highlights
- BASF raises neopentyl glycol (Neol®) prices in Europe by €350 per tonne.
- Price increase is effective immediately or as permitted under existing contracts.
- Neopentyl glycol is used to make polyester resins for coatings, unsaturated polyester resins, lubricants and plasticizers.
Price update
BASF is increasing neopentyl glycol (Neol®) prices in Europe by €350 per tonne.
Effective date
The increase applies with immediate effect or as permitted under existing contracts.
Applications
Neopentyl glycol is a polyalcohol intermediate used to produce polyester resins for coatings, unsaturated polyester resins, lubricants and plasticizers.
Source: BASF