BASF increases its prices for butanediol and its derivatives in Europe

01-Jul-2009 - Germany

Effective July 1, 2009, or as contracts allow, BASF is increasing the sales prices for butanediol and butanediol derivatives by EUR50 per metric ton in Europe. This measure applies in particular to 1,4 butanediol (BDO), tetrahydrofuran (THF), gamma-butyrolactone (GBL) and N-methylpyrrolidone (NMP). The price adjustment is related to unsatisfactory margins.

BASF announced a global price increase for the BDO derivative polytetrahydrofuran (PolyTHF®) already in April 2009.

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