News 987 views last update:6 Aug 2012

BASF raises prices for formic acid

Effective immediately, or as existing contracts permit, BASF is raising its prices for formic acid in Europe.

The price rise is  as follows:
Formic acid, 85%: + 30 euros/ton
Formic acid, 99%: + 40 euros/ton
BASF’s customers use formic acid and mixtures containing formic acid in multiple applications. In animal nutrition, these products serve to improve feed hygiene and digestion, and as a result allow food of animal origin to be produced in a particularly ecoefficient manner.
BASF is the world’s leading producer of formic acid, with production plants at its integrated Verbund sites in Ludwigshafen, Germany, and Nanjing, China.

Dick Ziggers

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