Industry News

BASF increases prices for Propionic Acid and2-Ethylhexanoic Acid

Published on 2005-09-21. Author : SpecialChem

Effective immediately, or as contracts allow, BASF will increase its prices for Propionic Acid and 2-Ethylhexanoic Acid.

Propionic Acid

  • Europe-Euro/t + 120
  • North America-US$/lb + 0.10
  • Asia-US$/t + 100

2-Ethylhexanoic Acid

  • Europe-Euro/t + 140
  • North America-US$/lb + 0.10
  • Asia-US$/t + 100

These price increases are due to increasing costs and therefore unsatisfactory margins.

Propionic Acid is used in feed preservation and various applications in the chemical segment. BASF is one of the leading suppliers of Propionic Acid. 2-Ethylhexanoic Acid is a chemical intermediate for numerous industrial applications.

Source: BASF

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