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.
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