Ludwigshafen, Germany - BASF is increasing prices worldwide for PolyTHF (polytetrahydrofuran), with immediate effect.
The price increases are as follows:
Europe + Euro 75/tonne
North America + $6ct/lb
Asia + $200/tonne
PolyTHF is, amongst other things, used as an intermediate for thermoplastic polyurethanes (TPU) used for hoses, films and cable sheathing. BASF said the price increases are a result of "unsatisfactory margins." (RD)