March 19, 2012

BASF to increase European selling prices of propionic acid

Press Release

With immediate effect, or as existing contracts permit, BASF will increase its European selling prices for propionic acid by EUR120 (US$158)/tonnes

The major application of propionic acid, is in feed grain preservation. The organic acid is also widely used in the production of pharmaceuticals, crop protection agents, solvents, food preservatives and plastics.

BASF is a leading producer of propionic acid, which it produces at its Verbund sites in Ludwigshafen, Germany, and Nanjing, China.