BASF India Limited will invest EUR150 million to set up a new chemical
production site at the Dahej Petroleum, Chemicals and Petrochemicals Investment
Region (PCPIR), located on the west coast of India in Gujarat.
site will be an integrated hub for polyurethane manufacturing and will also
house production facilities for care chemicals and polymer dispersions for
coatings and paper.
With this new production site, BASF aims to ensure
local supply for growing markets and industries such as appliances, footwear,
automotive, construction, adhesives, architectural coatings, paper and personal
care. The start of production is planned for 2014. The project will be financed
by BASF India Limited through internal accruals and loans.
polyurethane facility will produce Elastollan TPU (Thermoplastic Polyurethane),
Cellasto NVH (Noise, Vibration and Harshness) parts and Polyurethane Systems,
which is supported by new production facilities for important precursors,
comprising Polyetherols and Polyesterols plants as well as an MDI