Competitors and other companies of interest
BASF builds power plant at Germany chemical site
ICIS News : 5-Apr-13 16:42
LONDON (ICIS)--BASF is building a €14m ($18m) combined heat and power (CHP) plant at its chemical production site in Lampertheim in Germany’s Hesse state, the chemicals major said on Friday.
Following start-up, scheduled for autumn 2013, the plant will improve power supplies at Lampertheim and improve the site’s competitiveness, BASF said.
The power plant will meet all of Lampertheim’s electricity and steam requirements, it added.
BASF did not disclose the plant’s capacity, but said the unit would help to reduce energy costs by about 20% and cut carbon dioxide (CO2) emissions by some 14,000 tonnes/year.
The BASF site in Lampertheim – around 20km north of the company’s main petrochemicals production hub at Ludwigshafen in Rhineland-Palatinate state – mainly produces and distributes additives for synthetic materials and coatings, as well as preliminary products for sun glare filters.
Lampertheim is also home to BASF’s nutrition and health operating division.
Germany’s government supports the construction of CHP plants because of their high efficiency and relatively low emissions. The relevant legislation is the Kraft-Warme-Kopplungsgesetz (KWKG).
($1 = €0.77)
By Stefan Baumgarten
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