Trade News | March 13, 2025

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BASF to increase its price for select diols and derivatives in the United States and Canada

FLORHAM PARK, NJ, March 13, 2025 – Effective April 1, 2025, or as existing contracts permit, BASF will increase prices in the United States and Canada for these select diols and derivatives products:

Product Price Increase
1,4-Butanediol (BDO) $0.08 / lb
N-Methylpyrrolidone (NMP) $0.10 / lb
Tetrahydrofuran (THF) $0.10 / lb
Polytetramethylene ether glycol (PolyTHF®) $0.10 / lb

BDO and its derivatives are used for producing engineering plastics, polyurethanes, pharmaceuticals, solvents and elastic spandex fibers. PolyTHF® is a registered trademark of BASF Group in many countries.

About BASF

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has approximately 16,000 employees in North America and had sales of $19.7 billion in 2024. For more information about BASF’s North American operations, visit www.basf.com/us.

At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred chemical company to enable our customers’ green transformation. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. BASF generated sales of €65.3 billion in 2024. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.

Last UpdateMarch 13, 2025