(PlasticsToday) -- Two of the
world's largest players in the polyurethane market announced investments in
their respective businesses to start the week, with Bayer releasing news of a
euro 5 million investment in a new technical center for the development of
isocyanate production processes on Jan. 16, and BASF broadcasting plans to build
a single-train 300,000 tonnes/yr production plant for TDI (toluene diisocyanate)
in Germany a day later.
BASF's plans entail a total investment of about EUR1 billion and the
creation of around 200 additional jobs in Ludwigshafen. The company will
construct a new hydrogen chloride recycling plant and expand existing nitric
acid, chlorine, and synthesis gas plants. BASF said it also plans to expand the
aromatics complex at the site to boost the supply of toluene.
|