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BASF hikes carboxylic acid prices in Europe

31-Aug-2009

Related topics: Materials & Formulation, Contract services (outsourcing), Ingredients, excipients and raw materials

German chemicals manufacturer BASF has raised the price of two of its range of carboxylic acids, as part of a round of increases.

From now on BASF will charge €120 a ton for 2-ethylhexanoic acid (2-EHA) and €100 a ton for propionic acid.

The company said that the: “price adjustments are necessary to support BASF's ongoing efforts to assure highest levels of product and service quality to its customers globally in times of increasing raw material costs.”

As well as having a number of applications in the pharmaceutical sector, the chemicals, which are made at BASF’s facilities in Ludwigshafen and Nanjing, China, are widely used in the food and plastics industries.

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