BASF raises prices for formic acid

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.