Ashland Global : increases prices for 1,4-Butanediol and derivatives in North America
November 29, 2021 at 11:11 am EST
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News Release
Ashland increases prices for 1,4-Butanediol and derivatives in North America
WILMINGTON, Del., November 29, 2021, Ashland is increasing prices on 1,4-Butanediol (BDO) and several derivative products as indicated below:
Product
Amount of increase
1,4 butanediol (BDO)
$0.45 per pound
n-methyl-pyrrolidone (NMP)
$0.50 per pound
2-pyrrolidone(2-Pyrol)
$0.50 per pound
gamma-butyrolactone (BLO®)
$0.60 per pound
tetrahydrofuran (THF)
$0.50 per pound
The increases apply to North America and are effective January 1, 2022 or as agreements allow. Micropure™ and other specialty grades, or packaged material may carry a larger price increase.
About Ashland
Ashland (NYSE: ASH) is a global, consumer market-focused additives and specialty ingredients company that is responsibly solving for a better world. Through science and a conscious and proactive mindset for sustainability, we serve customers in pharmaceutical, personal care, architectural coatings, construction, energy, food, beverage, and nutraceuticals. At Ashland, we are approximately 3,800* passionate, tenacious solvers who thrive on developing practical, innovative, and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.comand ashland.com/sustainabilityto learn more.
* Reflects employee base following the planned sale in 2022 of performance adhesives.
Trademark, Ashland or its subsidiaries, registered in various countries.
Ashland Global Holdings Inc. published this content on 29 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2021 16:10:10 UTC.
Ashland Inc. is a global specialty additives and materials company. The Company serves customers in a wide range of consumer and industrial markets, including architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceutical. The Company's segments include life sciences, personal care, specialty additives and intermediates. The life sciences segment is comprised of pharmaceuticals, nutrition, nutraceuticals, agricultural chemicals, diagnostic films and fine chemicals. The personal care segment is comprised of bio functionals, microbial protectants (preservatives), skin care, sun care, oral care, hair care and household solutions. The specialty additives segment is comprised of rheology and additives serving the architectural coatings, construction, energy, automotive and various industrial markets. Its Intermediates segment is comprised of the production of 1,4 butanediol (BDO) and related derivatives, including n-methyl pyrrolidone.