BASF to build world-scale production site for antioxidant blends
Source:Ringier Release Date:2011-09-23 126
BASF will significantly expand its presence in the Middle East region by building a state-of-the-art plant for customer specific antioxidant blends (CSB) in Bahrain. CSBs are key additives for the production of polymers for the plastics industry, especially for the Middle East region. Construction of the new facility starts in September 2011. It will become one of the world's largest CSB plants with an annual capacity of about 16,000 metric tonnes. The new plant will be operational already by end of 2012. This is a major investment of BASF in the plastic additives business following its acquisition of Ciba in 2009 and manifests BASF's strong commitment to the industry. The new plant will come in addition to the existing manufacturing agreement for CSBs with Astra Polymer in the Kingdom of Saudi Arabia, making BASF the largest CSB supplier in this region. This facility will be well positioned to serve the fast growing polymer market in the Middle East with special focus on key customers in the countries of the Gulf Cooperation Council (GCC), one of the fastest growing regions for the production of polyolefin resins worldwide. www.basf.comAdidas
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