Germany's BASF invests €150m in Poland emissions catalysts plant

06 November 2012 11:48  [Source: ICIS news]

LONDON (ICIS)--BASF is investing €150m in a new emissions catalysts plant in Poland that will more than double its European capacity, the German chemicals major said on Tuesday.

Construction work on the facility at Sroda Slaska, a special economic zone near Wroclaw, will begin before the end of the year with production expected in the first quarter of 2014.

BASF will initially invest €90m ($115m) in the project, with additional expansion up to 2016 raising the total investment to €150m.

The planned implementation of EU emissions regulations has increased demand for its advanced emissions control systems, the company said.

“BASF is more than doubling its production capacity in Europe to keep pace with this demand and to continue to meet our customers’ needs,” said the firm’s mobile emissions catalysts senior vice president, Rui Goerck.

More than 400 people will be employed at the plant, which will be BASF’s largest emissions catalysts facility in Europe.

BASF said it was also currently modernising and expanding its existing emissions catalysts plant at Nienburg, Germany.

Emissions catalysts are used in a variety of applications including automotives and mobile machinery.

($1 = €0.78)

By: Graeme Paterson
+44 20 8652 3214

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