Industry News, Price Increases, Suppliers News

BASF Increases Prices for Neopentylglycol, Trimethylolpropane in Europe

Increasing prices by 85 euros/mt in Europe

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By: DAVID SAVASTANO

Editor, Ink World Magazine

BASF is increasing the prices of the polyalcohols neopentylglycol (NPG) and trimethylolpropane (TMP), with immediate effect or as existing contracts permit by €85/mt in Europe. Trimethylolpropane (TMP) is a high-quality intermediate that is used primarily for the production of alkyd resins, which are used in paints and coatings. It also serves to produce lubricants. Neopentyl glycol (NPG) is a high-quality intermediate used, for example, to produce polyester resins for coatings, unsaturated pol...

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