BASF raises price of formic acid

31/05/2016
BASF is raising prices for its Formic Acid 85% product by €30 or $35 per tonne in Europe and South America with immediate effect or as existing contracts permit. Prices for all other concentrations of Formic Acid will also increase.

Formic acid is a high-quality intermediate used widely in the tanning industry. BASF produces formic acid in Germany, China and the US.