Ashland Global : increases prices for 1,4-Butanediol and derivatives in North America
March 11, 2022 at 06:40 pm IST
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News Release
Ashland increases prices for 1,4-Butanediol and derivatives in North America
WILMINGTON, Del., March 11, 2022, Ashland is increasing prices on 1,4-Butanediol (BDO) and several derivative products as indicated below:
Product
Amount of increase
1,4 butanediol (BDO)
$0.10 per pound
n-methyl-pyrrolidone (NMP)
$0.15 per pound
2-pyrrolidone(2-Pyrol)
$0.15 per pound
gamma-butyrolactone (BLO®)
$0.15 per pound
tetrahydrofuran (THF)
$0.15 per pound
The increases apply to North America and are effective April 1, 2022, or as agreements allow. Micropure™ and other specialty grades, or packaged material may carry a larger price increase.
About Ashland
Ashland Global Holdings Inc. (NYSE: ASH) is a focused additives and specialty ingredients company with a conscious and proactive mindset for sustainability. The company serves customers in a wide range of consumer and industrial markets, including architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceutical. Approximately 3,800 passionate, tenacious solvers - from renowned scientists and research chemists to talented engineers and plant operators - thrive on developing practical, innovative, and elegant solutions to complex problems for customers in more than 100 countries. Visit Ashland at ashland.comand ashland.com/sustainabilityto learn more.
™ Trademark, Ashland or its subsidiaries, registered in various countries.
Ashland Global Holdings Inc. published this content on 11 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 March 2022 13:09:11 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.