Germany’s BASF to invest in antioxidant plant in Singapore

18 May 2012 10:08  [Source: ICIS news]

SINGAPORE (ICIS)--BASF is investing in an antioxidant production line in Jurong, Singapore, to meet demands in Asia and the Middle East, the Germany-based chemicals producer said in a statement on Friday.

“BASF is optimizing the production footprint of its antioxidant business in Asia,” it said.

Financial and capacity details of the investment were not disclosed.

“In line with the new investment, the current production of Irganox 1010 at the BASF plant in Isohara, Japan, will be fully taken up by the Singapore plant by the end of 2013,” the company said.

Antioxidants are used during the processing of polymers, providing them with long-term thermal stability to products, according to BASF.

By: Joey Lau

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