BASF to build formic acid plant at Geismar, Lousiana facility

04 May 2012 18:15  [Source: ICIS news]

LONDON (ICIS)--BASF will build a formic acid plant at its production facility in Geismar, Lousiana in the US, the German chemical major said on Friday.

The plant will be fully operational in 2014, BASF said.

The company added that it will be the only formic acid plant in North America and will allow BASF to better serve the North and South America markets.

“At Geismar, and at our site in Freeport, Texas, plants are strategically co-located. Chemicals and heat produced during chemical reactions are captured and repurposed as feedstocks and energy in other parts of the site,” said Hans-Ulrich Engel, CEO of BASF Corporation.

Financial and capacity details were not disclosed.

Meanwhile, BASF officially opened its new North America headquarters in Florham Park, New Jersey on Friday, as it plans to grow sales in the region by about 5% per year through to 2020.

“Our new headquarters stands as a tangible example of how BASF creates chemistry for a sustainable future,” said Engel.

By: Leigh Stringer
+44 208 652 3214

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