12/01/2020 | Press release | Distributed by Public on 12/01/2020 11:00
FLORHAM PARK, NJ, December 1, 2020 - Effective January 1, 2021 or as existing contracts permit, BASF will increase its price in North America for dimethylaminopropylamine (DMAPA) by $0.07/lb.
DMAPA is mainly consumed in the production of betaines, which are used as co-surfactants in personal care products like shampoo and liquid soaps. DMAPA is also used in various other applications including water treatment chemicals, ion exchange resins, polyurethane catalysts and lubricant additives.
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 18,800 employees in North America and had sales of $18.4 billion in 2019. For more information about BASF's North American operations, visit www.basf.com/us.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 117,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €59 billion in 2019. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.