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.
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