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BASF to build antioxidant blends facility in Middle East
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Ludwigshafen , Germany - BASF will significantly expand its presence in the Middle East region by building a state-of-the-art plant for customer specific antioxidant blends (CSB) in Bahrain. Construction of the new facility will start in September. It will become one of the world’s largest CSB plants with an annual capacity of about 16,000 metric tons. The new plant will be operational by end of 2012. This is a major investment of BASF in the plastic additives business following its acquisition of Ciba in 2009. This new plant will come in addition to the existing manufacturing agreement for CSBs with Astra Polymer in the Kingdom of Saudi Arabia, making BASF the largest CSB supplier in this region. |
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