BASF build new chemical facility in India, €150 million

BASF to build new chemical facility in India, for €150 million

9:01 AM, 12th April 2012
BASF to build new chemical facility in India, for €150 million
Prasad Chandran, Chairman and Managing Director, BASF India Ltd.

MUMBAI, INDIA: BASF India Limited will invest €150 million to set up a new chemical production site at the Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR), located in Dahej, India. The new site will be an integrated hub for polyurethane manufacturing and will also house production facilities for care chemicals and polymer dispersions for coatings and paper. The start of production is planned for 2014.

The site will employ more than 250 people at full capacity, primarily in operations. With shared infrastructure and production systems, the site will also provide resource efficient BASF technologies for the conservation of energy and water. The site’s advanced design takes advantage of the latest technologies from BASF facilities around the world and ensures safe and responsible operations.

“The Dahej site complements the existing manufacturing set-up of BASF in India and will support and contribute to the growth of the Indian chemical industry. The location offers excellent investment conditions and a favorable business environment due to the proximity to raw materials as well as customers. With this new project, we expect to grow our businesses in the important northern and western regions of India,” said Prasad Chandran, Chairman and Managing Director, BASF India Ltd.

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