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Effective April 1, 2020, or in accordance with the terms of existing contracts, BASF's Intermediate Products division will increase prices for 1,4-butanediol and its derivatives in North America. The price increases for each product are as follows:
Product price increases
1,4-Butanediol (BDO) $0.06/lb
Tetrahydrofuran (THF) $0.08/lb
N-Methylpyrrolidone (NMP) $0.06/lb
Polytetramethylene ether glycol (PolyTHF) $0.08/lb
BDO and its derivatives are used in the production of engineering plastics, polyurethanes, solvents and spandex Elastic fiber.