30 October 2013 15:05 [Source: ICIS news]
LONDON (ICIS)--BASF has started up a €14m ($19m) combined heat and power (CHP) plant at its chemical production site in Lampertheim in Germany’s Hessen state, the Germany-based international chemicals major said on Wednesday.
BASF said that the plant would help reduce production costs and raise the international competitiveness of the Lampertheim site, where the company mainly produces and distributes additives for synthetic materials and coatings, as well as preliminary products for sun glare filters.
The site, around - 20km north of BASF's petrochemicals production hub at ?xml:namespace>
“The new CHP plant will make an important contribution to further developing BASF’s operations in Lampertheim,” said site manager Werner Regenberg.
BASF did not disclose the plant’s capacity.
A number of German chemical producers, including Merck, Evonik and K+S have built, or are planning to build, on-site power units to increase their competitiveness and counter the country’s high electricity costs.
($1 = €0.73)
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