11 April 2012 11:06 [Source: ICIS news]
SINGAPORE (ICIS)--BASF India will invest Indian rupees (Rs)10bn ($194.3m, €147.7m) to set up a new chemical production site at Dahej, located on the west coast of India in Gujarat, the German chemical major said on Wednesday.
The new site will be an integrated hub for polyurethane manufacturing and will house production facilities for care chemicals and polymer dispersions for coatings and paper, BASF said in a statement.
The new chemical production site will be located at the Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) and production is expected to start in 2014, it said.
“With this new project, we expect to grow our businesses in the important northern and western regions of ?xml:namespace>
The integrated polyurethane facility will produce Elastollan TPU (thermoplastic polyurethane), Cellasto NVH (noise, vibration and harshness) parts and polyurethane systems, it said.
The company will use the care chemicals facility to produce surfactants, while the polymer dispersions facility will produce Acronal and Styrofan, key ingredients for architectural coatings, adhesives and construction, Styronal and Basonal for paper coating and Basoplast for sizing, it said.
BASF added that the polymer dispersions facility will predominantly serve customers located in northern and western parts of
“The Dahej site complements the existing manufacturing set-up of BASF in
($1 = €0.76 / $1 = Rs51.47)
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