March 18, 2011
BASF raises prices of propionic acid in Europe and Asia
Press Release
Effective immediately, or as existing contracts permit, BASF is raising its prices for propionic acid in Europe by EUR200 (US$283) per tonne and in Asia by US$200 per tonne.
BASF is a leading supplier of propionic acid with production facilities at its Verbund sites in Ludwigshafen, Germany, and Nanjing, China. The major application of propionic acid is feed grain preservation. It is also widely used in the production of pharmaceuticals, crop protection agents, solvents, food preservatives and plastics.
