Industry News

BASF Raises Prices of Carboxylic Acids

Published on 2008-06-03. Author : SpecialChem

Effective immediately, or as existing contracts permit, BASF is raising its prices for Formic Acid, Propionic Acid and 2-Ethyl-hexanoic Acid (2-EHA) in Europe as follows:

  • Formic Acid, 85%: + 80 Euro/ton
  • Formic Acid, 99%: + 100 Euro/ton
  • Propionic Acid + 90 Euro/ton
  • 2-Ethylhexanoic Acid + 70 Euro/ton

BASF's customers successfully use formic acid and mixes containing formic acid in multiple applications. In animal nutrition, they serve to improve feed hygiene and digestion, and as a result allow food of animal origin to be produced in a particularly eco-efficient manner. Formic acid removes paints and rust from metallic surfaces and scale from kettles and boilers. In breweries and wineries it disinfects kegs, casks and barrels; applied as an auxiliary in the pharmaceutical and crop protection industry it regulates pH values; in cleaning it acts as dirt remover and disinfectant. BASF is the world's leading producer of formic acid, with production plants at its integrated Verbund sites in Ludwigshafen, Germany, and Nanjing, China.

BASF is a leading supplier of Propionic Acid with productions at Ludwigshafen and Nanjing. The major application of this organic acid is feedgrain preservation. It is also widely used in the production of vitamin E and in the fields of pharmaceuticals, crop protection agents, solvents, food preservatives and plastics. Feedgrain preservation based on the acid offers economic and ecological benefits over other methods, as an eco-efficiency analysis by BASF demonstrates. It shows that using this acid to preserve feedgrain is much more eco-efficient than feedgrain preservation by means of drying or storage in air-tight silos. BASF markets propionic-acid-based pre-servatives under the trade names Lupro Grain® and Luprosil®.

BASF is one of the world's leading companies with 2-EHA and is producing it at its Verbund site in Ludwigshafen, Germany. 2-EHA is a chemical intermediate for many different industrial applications, for example for the manufacture of plasticizers, PVC stabilizers, lubricants and drying additives for coatings.

Source: BASF

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