Effective March 12, 2026, or as existing contracts permit, BASF will increase its price for NEOL® (Neopentylglycol) in the United States and Canada for all grades and packaging. This increase is mainly due to raw material cost increases.
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Polyalcohol for powder coatings
| Product | Price Increase | |
| Neopentylglycol (NEOL®/NPG) | $0.07/lb | $155/mt |
Neopentylglycol (NPG) is a unique polyalcohol offering superior performance in relation to other polyalcohols. Due to its high chemical and thermal stability, NPG has proven itself in many applications, especially as a building block for the production of polyester and alkyd resins for various coatings and plastics.
An essential field of NPG application is powder coatings, which prove particularly successful in the construction industry as well as in the coating of household appliances. Other areas of application for NPG include the manufacture of lubricants, plasticizers and pharmaceuticals: It is used as a building block in the synthesis of for example hormones, cardiovascular drugs and painkillers. BASF markets NPG under its NEOL® brand.
NEOL is a registered trademark of BASF Corporation.