August 28, 2009 - Effective immediately, or as existing contracts permit, BASF is raising its prices for 2-Ethyl-hexanoic Acid (2-EHA) and Propionic Acid in Europe as follows:
2-Ethylhexanoic Acid + 120 Euro/ton
Propionic Acid + 100 Euro/ton
BASF is producing 2-EHA at its Verbund site in Ludwigshafen, Germany. 2-EHA is a chemical intermediate for many different industrial applications, for example for the manufacture of plasticizers, PVC stabilizers, lubricants and drying additives for coatings.
BASF is a leading supplier of Propionic Acid with productions at Ludwigshafen and Nanjing, China. The major application of propionic acid is feedgrain preservation. It is also widely used in the production of pharmaceuticals, crop protection agents, solvents, food preservatives and plastics.