BASF increases prices for Neopentylglycol and Trimethylolpropane in Europe

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 polyester resins, lubricants and plasticizers.

Source: BASF