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:
http://www.coatingsworld.com/contents/view_breaking-news/2013-12-09/basf-increases-prices-for-neopentylglycol-and-trimethylolpropane-in-europe/
