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BASF to increase prices for BDO and derivatives in North America

Published on 2005-08-30. Author : SpecialChem

FLORHAM PARK, N.J. -- Effective September 1, 2005, or as contracts allow, BASF will increase its list and off-list prices in the United States, Canada and Mexico by $0.10 (USD) per pound for 1,4-Butanediol (BDO), Gamma-Butyrolactone (GBL), N-Methylpyrrolidone (NMP-standard and value grades), Tetrahydrofuran (THF) and Polytetrahydrofuran (Poly THFâ).

These increases are being instituted to address continued increases in raw material and energy costs.

With seven plants on three continents, BASF is the leading global producer of butanediol and its derivatives. The company's annual global production capacity for BDO is 575,000 metric tons. BDO and its derivatives are used for production of engineering plastics, polyurethanes, solvents, electronic chemicals and elastic fibers (Poly THF).

BASF - The Chemical Company. We don't make a lot of the products you buy. We make a lot of the products you buy better.®

BASF Corporation, headquartered in New Jersey, is the North American affiliate of BASF AG, Ludwigshafen, Germany. We employ about 10,000 people in North America and had sales of approximately $11 billion in 2004.

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. As a reliable partner to virtually all industries, BASF's intelligent solutions and high-value products help its customers to be more successful. BASF develops new technologies and uses them to open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future. In 2004, BASF had approximately 82,000 employees and posted sales of more than $50 billion. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA), New York (BF), Paris (BA) and Zurich (AN).

Source: BASF

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