BASF has broken ground on the third and final phase of its expansion project for polyurethane precursor MDI at its integrated site in Geismar, reports CHEManager.
The project, announced in July 2022, will widen production capacity to around 600,000 tons per year by the middle of the decade to support demand growth in North America.
The German chemicals and plastics giant is spending $780 million on the current two phases, lasting from 2022 to 2025, The total investment value comes to around $1 billion, making this BASF’s largest wholly owned investment in North America. Read the entire story.
