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BASF to Increase Prices for Butanediol and Derivatives - BASF will increase its selling prices for the following products in Europe - BASF.com
BASF to Increase Prices for Butanediol and Derivatives

 

PRZOOM - /newswire/ - Ludwigshafen, Germany, 2013/12/02 - BASF will increase its selling prices for the following products in Europe - BASF.com. DE000BASF111

   
 
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With immediate effect, or as existing contracts permit, BASF will increase its selling prices for the following products in Europe:

1,4 Butanediol (BDO) +50 Euro/mt
Tetrahydrofuran (THF) +70 Euro/mt
Polytetramethylene ether glycol (PolyTHF®) +70 Euro/ mt

The price adjustments reflect mainly the increase of raw material cost.

BDO and its derivatives are used for producing engineering plastics, polyurethanes, solvents and elastic spandex fibers.

THF is a high-quality intermediate that serves, for example, as a specialty solvent in the production of pharmaceuticals.

PolyTHF is used to make elastic spandex fibers for a large variety of textiles, including underwear, outerwear, sportswear and swimsuits. It also serves as a chemical building block for thermoplastic polyurethanes (TPU), which are used to make hoses, films and cable sheathing. Other applications include thermoplastic polyetheresters, polyetheramides and cast elastomers for the production of wheels for skateboards and inline skates.

* PolyTHF â is a registered trade mark of BASF Group in many countries.

 
 
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BASF to Increase Prices for Butanediol and Derivatives

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BASF |
Contact: Klaus-Peter Rieser - BASF.com 
+49 621 60-95138 klaus-peter.rieser[.]basf.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BASF securities in any jurisdiction including any other companies listed or named in this release.

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