March 9, 2007

BASF raises prices for formic acid and 2-ethylhexanoic acid
 

Press release
 

BASF has as of Mar 8, 2007, raised its prices for formic acid and 2-ethylhexanoic acid by EUR40/tonne in Europe with immediate effect, or as existing contracts permit. 

BASF's customers use formic acid in multiple applications. The eco-efficient acid helps to keep certain feeds fresh and free of salmonellae, and regulates pH values when applied as an auxiliary in the pharmaceutical and crop protection industry.

As the world's leading producer of formic acid, the company has production plants at its integrated Verbund sites in Ludwigshafen, Germany, and in Nanjing, China.

2-ethylhexanoic acid is a chemical intermediate for many different industrial applications, including the manufacture of plasticizers, PVC stabilisers, lubricants and drying additives for coatings. BASF is one of the world's leading 2-ethylhexanoic acid producers, with a production facility at its Verbund site in Ludwigshafen.