LUDWIGSHAFEN, Germany — With immediate effect or as existing contracts permit, BASF is further increasing the price for Neopentylglycol (NPG) in Europe by €200/ton (MT).

This price increase is in addition to the price increase for NPG communicated on Nov. 10, 2020, by €150/ton (MT) in Europe.

NPG is a unique polyalcohol that has proven itself in many applications, especially in the production of polyester and alkyd resins for various coatings and plastics due to its high chemical and thermal stability. An essential field of application is powder coatings.