BASF postpones US plant expansion project
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BASF postpones US plant expansion project

6:09 AM, 7th June 2016
BASF postpones US plant expansion project

LUDWIGSHAFEN, GERMANY/FREEPORT, US: BASF SE has postponed its final investment decision regarding the construction of a methane-to-propylene complex at its site in Freeport, US considering the current volatility of raw material prices and the prevailing economic environment.

“On-purpose production of propylene based on favourable US shale gas is interesting for BASF. We will regularly review the development of raw material prices and the relevant market conditions to determine the right point in time to commence such a major investment,” said Wayne Smith, member of the board of executive directors of BASF SE.

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BASF expands Laromer UV/EB acrylates capacity in Germany



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