BASF Completes $1 Billion MDI Expansion in Ascension Parish
What happened
BASF began production at its new MDI plant in Ascension Parish. This facility is the third and most costly phase of a $1 billion investment that started in 2018. The new plant doubles the annual capacity of the Geismar facility to 600,000 metric tons of MDI, a chemical used to make polyurethanes.
From theadvocate.com
Why it matters
The expansion makes the industrial complex the largest North American producer of MDI. Company officials stated the move supports BASF's global strategy of keeping production near customers and reflects confidence in the continued growth of the plastics market.
BASF is currently commissioning a $1 billion MDI expansion while also evaluating investments to maintain and expand its global production footprint in Europe and Asia.
From theadvocate.com
Who's involved
- BASFBuilt the new MDI plant in Ascension Parish.
- Ascension ParishHosts the new MDI production complex.
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The entities involved
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BASF
German chemical company with worldwide reach
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Ascension Parish
parish in Louisiana, United States
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