Prices for the following products will be increased with immediate effect, or as existing contracts permit: 1,4 butanediol (BDO) - by EUR60/tonne, tetrahydrofuran (THF) - by EUR80/tonne, polytetramethylene ether glycol (PolyTHF) - by EUR80/tonne.

 

The price adjustment ensures that BASF can continue to offer quality products and services to its customers.

 

As MRC reported earlier, in early December, BASF already announced an inrease of selling prices for butanediol and derivatives in Europe. Prices for the following products rose, as follows: 1,4 butanediol (BDO) - by EUR50/tonne, tetrahydrofuran (THF) - by EUR70/tonne, polytetramethylene ether glycol (PolyTHF) - by EUR70/tonne.

 

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, a registered trade mark of BASF Group in many countries, 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.

 

BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries. As for BDO and BDO-equivalents, BASF currently manufactures these products at its sites in Ludwigshafen, Germany; Geismar, Louisiana; Chiba, Japan; Kuantan, Malaysia; and Caojing, China, and has an annual capacity of 535,000 tonnes.