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.