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BASF invests in the expansion of polyurethane dispersion business in Europe

January 24/2020

MOSCOW (MRC) -- BASF announced a single-digit million-euro investment in the capacity expansion of water-based polyurethane dispersions at its Castellbisbal site in Spain, said the company.

The expansion will allow BASF to increase its production capacity by 30 percent. "We want to continue to provide our customers with high-quality polyurethane dispersions and help them grow by ensuring supply reliability. Considering the rising demand for polyurethane dispersions in Europe, this investment underlines our intention to assume a leading position in the business of polyurethane dispersions," says Frank Hezel, Vice President Resins & Additives EMEA at BASF.

Polyurethane dispersions constitute an important addition to the acrylate dispersions business. By expanding its portfolio in the field of adhesives, parquet flooring, automotive and industry coatings, BASF is making a valuable contribution to the change from solvent-based coating systems to environmentally friendlier and more sustainable water-based systems.

Coatings for parquet flooring and furniture The aftermath of a fabulous party: Scratches on the parquet floor and red wine stains after parties are difficult to remove. Renovating the floor costs a great deal of money. That will soon be a thing of the past, thanks to the new Joncryl platform for polyurethane dispersions and hybrids. BASF has deliberately expanded the product range for the furniture and flooring industry. The abrasion and scratch resistance of the products has improved significantly. In addition, there is better resistance against widely used household chemicals such as red wine, coffee and cleaning solutions. The products require much fewer film-forming agents. This improves the indoor air quality during installation an important contribution to sustainability.

As MRC wrote earlier, BASF, the world's petrochemical major, has restarted its No. 1 steam cracker following a maintenance turnaorund. Thus, the company resumed operations at the plant on September 30, 2019. The plant was shut for maintenance in mid-August, 2019. Located at Ludwigshafen in Germany, the No. 1 cracker has an ethylene production capacity of 235,000 mt/year and a propylene production capacity of 125,000 mt/year.

Ethylene and propylene are feedstocks for producing PE and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,904,410 tonnes in the first eleven months of 2019, up by 6% year on year. Shipments of all PE grades increased. PE shipments increased from both domestic producers and foreign suppliers. The PP consumption in the Russian market was 1,161,830 tonnes in January-November 2019, up by 7% year on year. Deliveries of all grades of propylene polymers increased, with the homopolymer PP segment accounting for the largest increase.

BASF is the leading chemical company. It 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 generated sales of around EUR63 billion in 2018.


mrcplast.com
Author:Anna Larionova
Tags:PP, PE, poliuretan, BASF.
Category:General News
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