07 November 2012 16:06 [Source: ICIS news]
LONDON (ICIS)--BASF has broken ground on a new production complex for thermoplastic polyurethane (TPU) at its site in Lemforde near ?xml:namespace>
“This project will sustainably strengthen our position as market leader in specialty plastic TPU and underlines the great importance and future direction of the Lemforde site,” BASF said.
The complex, expected to start up by the end of 2014, will include five buildings covering a total area of over 4,500 square metres. The production hall will be fitted with state-of-the-art technology, the company said.
BASF said it is investing “tens of millions of euros” in the project, which will create about 20 additional jobs. It did not disclose the exact investment sum.
BASF markets TPU under the brand name Elastollan.
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