BASF invest €56 million in polyvinylpyrrolidone expansion

BASF to invest €56 million in polyvinylpyrrolidone expansion

5:35 AM, 23rd January 2015
BASF to invest €56 million in polyvinylpyrrolidone expansion

LUDWIGSHAFEN, GERMANY: BASF plans to invest up to €56 million in the expansion of its polyvinylpyrrolidone (PVP) value chain over the next four years. Through revamping existing plants in Ludwigshafen, Germany and Geismar, Louisiana and introducing the PVP technology at BASF’s site in Shanghai, China, the company will increase its global PVP production capacities by up to 6,000 metric tonne. All plants will operate under the highest possible quality standards (current Good Manufacturing Practice). BASF is the inventor and one of the market leaders for PVP.

“Our global production network and technology leadership enable us to obtain the highest levels of supply reliability and quality for our customers in multiple industries,” said Michael Heinz, Member of the Board of Executive Directors, BASF SE.

 

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