20 March 2006 11:39 [Source: ICIS news]
LONDON (ICIS news)--BASF will be seeking to raise prices for methylamine and derivatives in ?xml:namespace>
It will be seeking a Euro70/tonne increase on methylamine prices and a Euro60/tonne hike on prices for N,N-dimethylacetamide (DMAC).
Euro50/tonne increases will be sought on prices for dimethylethanolamine (DMEOA), monomethylethanolamine (MMEOA), methyldiethanolamine (MDEOA), 3-(diethylamino)propylamine (DMAPA), trimethylamine hydrochloride (TMA HCL (70%)) and dimethylformamide (DMF).
Price increases were being targeted on the back of the steep and continuing rise of raw material costs, BASF said. It did not disclose current prices or quantify the proposed rise in percentage terms.
The high-grade specialty amines – MMEOA, DMEOA and TMA HCL (70%) - are starting materials for solvents, especially for DMF. DMF is used mainly as an additive in the production of polyacrylonitrile fibres and leather substitutes based on polyurethane.
Methylamines also serve as chemical building blocks in the synthesis of crop protection agents, detergent raw materials, feed additives and water-treatment products.
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