BASF to increase its price for neopentylglycol in the U.S. and Canada
Effective April 27, 2026, or as existing contracts permit, BASF will increase its price for neopentylglycol in the United States and Canada for all grades and packaging. The additional adjustment is necessary due to further increases in raw material feedstock costs, specifically propylene and methanol.
Product
- Neopentylglycol
Price increase
- $0.10/lb ($220/mt)
Neopentylglycol (NPG) is a unique polyalcohol offering superior performance in relation to other polyalcohols. Due to its high chemical and thermal stability, NPG has proven itself in many applications, especially as a building block for the production of polyester and alkyd resins for various coatings and plastics. An essential field of NPG application is powder coatings, which prove particularly successful in the construction industry as well as in the coating of household appliances. Other areas of application for NPG include the manufacture of lubricants, plasticizers and pharmaceuticals: It is used as a building block in the synthesis of for example hormones, cardiovascular drugs and painkillers. BASF markets NPG under its NEOL® brand.
NEOL is a registered trademark of BASF Corporation.
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