BASF to open chemical plant in India
BASF intends to provide locally-based supplies for India’s growing footwear market.
A reported €150 million ($198.7 million) is to be invested by BASF India Ltd in a new chemical plant located at the Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR), Gujarat. Production is expected to begin in 2014.
From this new facility, BASF intends to provide locally-based supplies for a number of growing markets, including footwear, appliances, automotive, construction, adhesives, architectural coatings, paper and personal care. The integrated polyurethane facility will produce the company’s Elastollan TPU (thermoplastic polyurethane) and other products for various applications.
The care chemicals unit will produce surfactants designed for formulation technology applications, including textiles and emulsion polymerisation. The factory’s polymer dispersions facility will manufacture Acronal and Styrofan – ingredients for adhesives, architectural coatings and construction products.
This article was originally published on page 2 of the June 2012 issue of SATRA Bulletin.