16 July 2010 17:24 [Source: ICIS news]
SAO PAULO (ICIS news)--Chemical major BASF plans to build a sodium methylate plant in Brazil as part of a programme to invest more than €250m ($323m) in South America from 2010-2014, the company said on Friday.
BASF said the unit would be capable of producing 60,000 tonnes/year of sodium methylate at its Guaratingueta complex.
Sodium methylate is a catalyst for the production of biodiesel.
The unit was scheduled to come on stream in the end of 2011, BASF said.
Output from the plant would be used locally, according to the company.
The company would seek to achieve 65% of the overall Brazilian market for sodium methylate, it said.
This will be BASF’s second sodium methylate plant in the world, according to the company. The other unit is in Germany.
Brazil’s Guarantingueta complex produces some 267,000 tonnes/year of 1,500 different chemical products.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|