МОSCOW (MRC) -- BASF is expanding the compounding capacities for engineering plastics in Europe, said the company on its site.
Presumably from 2017 it will be possible to additionally produce up to 70,000 metric tons per year of Ultramid (PA: polyamide) and Ultradur (PBT: polybutylene terephthalate) at the Schwarzheide site, Germany. Around 50 new jobs will be created.
This is another step in the capacity expansions which BASF is undertaking because of the increasing demand for engineering plastics around the world. BASF’s global compounding capacity for PA and PBT will then be more than 700,000 metric tons per year.
As MRC informed earlier, in the middle of this year, BASF in Shanghai more than doubled its compounding capacities for the two materials and also increased the capacities for thermoplastic polyurethane (TPU). In Korea a plant for compounding Ultramid and Ultradur started operations in October.
BASF is the largest diversified chemical company in the world and is headquartered in Ludwigshafen, Germany. BASF produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries. BASF had sales of over EUR74 billion in 2014 and over 113,000 employees as of the end of the year.
MRC