March 16, 2012 -- With immediate effect, or as existing contracts permit, BASF will increase its European selling prices for propionic acid by 120 €/mt.
BASF is a leading supplier of propionic acid. The major application of the organic acid is feed grain preservation. It is also widely used in the production of pharmaceuticals, crop protection agents, solvents, food preservatives and plastics. BASF produces propionic acid at its Verbund sites in Ludwigshafen, Germany, and Nanjing, China.
