Consumables
BASF raises prices for formic acid
Friday 18. June 2010 - Effective immediately, or as existing contracts permit, BASF is raising its prices for formic acid in Europe as follows:
Formic acid, 85%: + 30 euros/ton
Formic acid, 99%: + 40 euros/ton
BASFs customers successfully 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 eco-efficient manner. Formic acid removes paints and rust from metallic surfaces and scale from kettles and boilers. In breweries and wineries it disinfects kegs, casks and barrels; applied as an auxiliary in the pharmaceutical and crop protection industry it regulates pH values; in cleaning it acts as a dirt remover and disinfectant. BASF is the worlds leading producer of formic acid, with production plants at its integrated Verbund sites in Ludwigshafen, Germany, and Nanjing, China.