BASF to increase prices for select polyalcohols in North and
FLORHAM PARK, NJ, May 16, 2025 – Effective June 1, 2025, or as existing contracts permit, BASF will increase prices in North and South America for select polyalcohols. Neopentylglycol (NPG) is a unique polyalcohol offering superior performance in many end-use applications.
BASF increases price of additives for plastic applications
Effective immediately, BASF increases prices for antioxidants Irganox 1076, Irganox PS 802 and related blends in its additives portfolio for plastic applications globally by up to 35 percent. The price adjustment is in response to the significantly higher cost for stearyl alcohol and logistics.
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Plasticizers Prices: Latest Price, Pricing, News, Market Analysis
Plasticizers prices rose sharply in Q1 2025 as a result of the sharp rise in crude oil prices and improved downstream demand. The price of dioctyl phthalate averaged 1875 USD/MT towards the end of first sector. The increase in upstream value prices and the strengthening domestic market demand were the main factors influencing this price shift.
Some US plasticizers prices rise on upstream pressure | ICIS
BASF said it will seek October price increases of 4 cents/lb for its DOA, DOTP, TOTM and DPHP. The company cited higher operating costs mostly from raw materials. Except for DPHP, the other products are produced with 2-ethylhexanol (2-EH), a derivative of propylene. Feedstock for DPHP is 2-propyl heptanol alcohol (2PH).
- Why is BASF increasing its price of plastic additives?
- Price adjustments attributed to volatility in pricing and availability of raw materials and high freight rates. Effective immediately, or as existing contracts permit, BASF is globally increasing the price of additives for plastic applications, including heat and UV stabilizers, antioxidants, processing aids, lubricants and pigments) by up to 20%.
- Why is BASF raising prices in North America?
- The company attributed the price adjustment primarily to the significant volatility in pricing and availability for essential raw materials and the rapid escalation of of freight rates. BASF is also increasing prices in North America for its nylons and intermediates. increase prices for polyamide polymer and intermediates.
- Where are BASF's plasticizers made?
- BASF's Cornwall site manufactures monomeric and polymeric plasticizers. These plasticizers are distributed across North America and abroad. The Lethbridge site, on the other hand, is a Commercial Canola Seed facility.
- Why did plasticizer prices rise sharply in Q1 2022?
- Plasticizers prices rose sharply in Q1 2022 as a result of the sharp rise in crude oil prices and improved downstream demand. The price of dioctyl phthalate averaged 1875 USD/MT towards the end of first sector. The increase in upstream value prices and the strengthening domestic market demand were the main factors influencing this price shift.
- Why are plasticizer prices rising in Asia-Pacific?
- Asia The price trend for plasticizers showed an upwards trend in the the Asia-Pacific region during the first quarter owing to the domestic polymer segment's increased demand for the product as a result of better offtakes from China’s construction sector.
- Does BASF have a shortage of raw materials?
- On April 19th, BASF announced that its European company's recent force majeure statement for some key raw materials has caused a shortage of raw materials. The force majeure of PBT/ULTRADUR® polymers and compounds will take effect immediately. Supply and demand imbalance, SABIC products increased by up to 16,000 yuan
