February 10, 2010
BASF raises global prices of propionic acid
Press Release
Effective immediately, or as existing contracts permit, BASF is raising its prices for propionic acid.
The price increases are as follows:
|
Europe, Africa, Middle East |
+EUR0.10/kg |
|
The Americas |
+US$0.07/lb |
|
Asia Pacific |
+US$0.15/kg |
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.
