Dec. 21, 2011
With immediate effect, BASF is increasing its European sales prices for ethanolamines (EOA) as follows:
Monoethylamine (MEOA) + 50 EUR/ mt
Diethylamine (DEOA) + 50 EUR/ mt
Triethylamine (TEOA) + 50 EUR/ mt
or by the existing amount in local currency.
The price increase will also apply to current supply agreements as soon as and to the extent permitted by their terms and conditions.
Ethanolamines are high-class intermediates used in the manufacture of agrochemicals (such as acetochlor and butachlor) and wood protectants, surfactants for detergents and cleaning products, process chemicals for gas treatment, lubricants and cement additives as well as active pharmaceutical ingredients.
BASF produces EOA at its Verbund sites in Ludwigshafen, Germany; Antwerp, Belgium; and Nanjing, China.
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