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PRZOOM - /newswire/ -
Florham Park, NJ, United States, 2017/08/30 - Effective October 1, or as contracts allow, BASF will increase its list and off-list prices in North America for its Neopentylglycol (NPG) by $0.08 / lb - BASF.com. Frankfurt (BAS)
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NPG, which is marketed by BASF Corporation under the brand NEOL®, is mainly used as a building block in polyester resins for coatings, unsaturated polyesters, lubricants and plasticizers. With production sites in Freeport/Texas, Ludwigshafen/Germany as well as Nanjing and Jilin in China, BASF has a production capacity of 205,000 tons of NPG annually.
About BASF
BASF Corporation (basf.us), headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 17,500 employees in North America, and had sales of $16.2 billion in 2016.
At BASF (basf.com), we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 114,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of about €58 billion in 2016. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS).
NEOL® is a registered trademark of BASF Corporation.
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alberto.c.hernandez[.]basf.com 
