BASF plans €76m expansion of Ludwigshafen

01 April 2008 11:23  [Source: ICIS news]

MUMBAI (ICIS news)--German chemicals company BASF is investing €76m ($119.3m) in expanding its terminal at Ludwigshaven, located on the river Rhine, and will add six rail lines and increase the number of cranes to three, it said on Tuesday.

"This will increase the capacity from 17 to 32 train pairs, in container units from 300,000 20-foot equivalent units (TEU) to 500,000 TEU," the company added.

Construction at the terminal would begin next year and the new capacity would be available from 2010, BASF said.

Four inland shipping and 11 rail services a week presently operate between Rotterdam and Ludwigshaven.

($1 = €0.63)

By: Aaron Rodrigues
+65 6780 4359

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