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BASF received approval for MDI project in China

March 28/2011

(BASF) -- BASF, the worlds leading chemical company, has received approval for a 400.000 metric tons per year MDI (diphenylmethane diisocyanate) project in Chongqing, China. The investment will total RMB 8 billion (approximately EUR 860 mln). The facility, which will produce a core component mainly used for polyurethane foams, is expected to start up by 2014.


The project was approved by Chinese authorities, following a stringent examination of environmental, health and safety standards, two rounds of local public consultation and several expert reviews. This state-of-the-art facility will consist of an MDI plant, a nitrobenzene plant and an aniline plant, and will cover 40 hectares. It will form the center of an integrated chemical production complex operated by the Chongqing (Changshou) Chemical Industry Park.


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