BASF increases prices for chemical intermediates, propionic acid

//15 Mar 2012
With immediate effect, or as existing contracts permit, BASF SE will increase its European sales prices for methylamines and methylamine derivatives and propionic acid as follows:
Product
Increase per metric tonne
Methylamine (Mono-, Di-, Tri-)
€ 50
Dimethylaminopropylamine (DMAPA)
€ 80
Dimethylethanolamine (DMEOA)
€ 90
Methylethanolamine (MMEOA)
€ 90
Methyldiethanolamine (MDEOA)
€120

Methylamines and methylamine derivatives are versatile chemical intermediates with a wide range of applications, such as agrochemicals, water treatment and personal care.

They also prove valuable in the production of feed additives.

Propionic acid
With immediate effect, or as existing contracts permit, BASF will also increase its European selling prices for propionic acid by 120 €/mt.

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