Lyondell Basel BDO and derivatives prices

LyondellBasell is a multinational chemical company that produces a wide range of products, including BDO (1,4-Butanediol) and its derivatives. BDO is a versatile chemical intermediate used in various applications, such as the production of plastics, polyurethanes, solvents, and fibers.

LyondellBasell is one of the leading global producers of BDO and its derivatives. They offer a range of BDO-based products, including:

1. Tetrahydrofuran (THF): THF is a solvent used in various industries, including pharmaceuticals, coatings, and adhesives. It is produced by reacting BDO with an acid catalyst.

2. Polybutylene terephthalate (PBT): PBT is a high-performance engineering plastic used in automotive, electrical, and electronics applications. It is produced by reacting BDO with terephthalic acid or dimethyl terephthalate.

3. Polyurethanes (PU): BDO is a key building block for the production of polyurethanes, which are widely used in foams, coatings, adhesives, and elastomers. BDO is reacted with diisocyanates, such as MDI or TDI, to produce polyurethane materials.

4. Gamma-butyrolactone (GBL): GBL is a solvent used in various applications, including coatings, cleaning agents, and pharmaceutical intermediate. It is produced by reacting BDO with an oxidizing agent.

These BDO derivatives offer a wide range of properties and applications, making them essential components in many industries. LyondellBasell's expertise in BDO production and its derivatives allows them to meet the diverse needs of their customers worldwide.

In the past few days, the price of products has risen due to the emergence of force majeure in BASF's German chemical raw material installations and the accidents in Taiwan's Formosa ethylene cracker that affected foreign supply problems.

In another development, Taiwan South Asia has announced the suspension of overhaul of two BDO units. One set was shut down in mid-May and the other one was shut down in early June.