BASF to increase price for BDO and BDO-derivatives in Europe
Effective October 1, 2009, or as existing contracts permit, BASF SE will increase its European selling prices for the following products:
1,4 Butanediol (BDO) +150 EUR/mt
Tetrahydrofuran (THF) +100 EUR/mt
Polytetramethylene ether glycol (PolyTHF®) +100 EUR/mt
N-Methyl-2-Pyrrolidone (NMP) +100 EUR/mt
Gamma Butyrolactone (GBL) +100 EUR/mt
According to BASF, the price adjustment is related to unsatisfactory margins and is necessary to ensure that BASF can continue to offer quality products and services to its customers.
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