TABLE: BASF shutdowns and cutbacks worldwide

19 November 2008 13:54  [Source: ICIS news]

LONDON (ICIS news)--The world’s largest chemicals producer BASF on Wednesday announced it would shut down 80 plants worldwide due to a “massive decline” in demand for its products.

 

The German company was also reducing production at about 100 plants to avoid overcapacity, while bringing forward scheduled maintenance work.

 

The shutdowns and cutbacks mainly affect businesses selling into the automotive, construction and textile industries, the company said.

 

  BASF November shutdowns and cutbacks

 

Site	Action taken	Plants
Ludwigshafen, Germany	Temporary shutdown	Cracker I, ammonia, styrene, plastic polymerisation and compounding, cyclohexane
	Reduced capacity	Caprolactam, polyacetal, acetylene, methanol
Antwerp, Belgium	Temporary shutdown	Ammonia
	Reduced capacity	Cracker, caprolactam, nitric acid, MDI, ABS, polyamide
Kuantan, Malaysia	Temporary shutdown	Butanediol, plasticisers
	Reduced capacity	Oxo
Nanjing, China	Temporary shutdown	Ethylene glycol, LDPE
	Reduced capacity	Cracker
Freeport, Texas, US	Temporary shutdown	TDI
	Reduced capacity	Caprolactam, polyamide

 Source: BASF

 

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By: Mark Watts
+44 20 8652 3214

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