With immediate effect, or as existing contracts permit, BASF will increase its selling prices for the following products in Europe: 1,4 Butanediol (BDO) +50 Euro/mt, Tetrahydrofuran (THF) +70 Euro/mt and Polytetramethylene ether glycol (PolyTHF) +70 Euro/ mt
The price adjustments reflect mainly the increase of raw material cost.
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 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 increases prices for butanediol and derivatives