Industry News

BASF to increase Prices of Acrylic Monomers

Published on 2006-06-30. Author : SpecialChem

BASF will increase its prices for acrylic acid and acrylic esters (glacial acrylic acid; methyl acrylate, ethyl acrylate, n-butyl acrylate, 2-ethyl hexyl acrylate), as far as existing contracts permit. This is the company’s reaction to increasing raw material and energy costs.

The increase is effective July 1, 2006 in NAFTA (6 cts/lb), Europe/Africa/Middle East (€50 to €90 per metric ton) and South America (US$80 per metric ton). In Asia, BASF already announced a price increase by US$80 per metric ton effective June 21, 2006.

Acrylic acid is the main precursor in the production of superabsorbent polymers, materials which absorb many times their own weight in liquid and are mainly used in diapers and other hygienic products. Other acrylic acid derivatives are pure acrylate dispersions of the kind used for binders in varnishes and paints, and acrylic acid ester, also known as acrylate. These monomeric building blocks are used to manufacture the polymer dispersions contained as a functional component in architectural coatings, adhesives, fiber binders, products for the construction chemicals industry and coatings for the paper industry.

Source: BASF

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