BASF expands Production Capacity for Neopentylglycol
- Capacity increases worldwide to 215,000 metric tons per year
- Neopentylglycol-expansion at Nanjing site will start in 2020
- Market position further expanded
BASF has increased the capacity of its neopentyl glycol (NPG) plant at the Verbund site in Ludwigshafen, Germany, by 10,000 metric tons per year. Thus, the company has a total of 215,000 metric tons of NPG capacity with facilities in Ludwigshafen, Freeport / USA, Nanjing and Jilin / China. In addition, BASF is currently expanding its NPG capacity at the Nanjing site by a further 40,000 tons available from 2020, as announced in December 2017. With NPG production facilities in Europe, Asia and North America, BASF is one of the world's leading NPG manufacturers. "The production expansion in Ludwigshafen underlines our clear commitment to continuously support the growth of our European customers," says Michael Britt, Senior Vice President of Acids and Diols in BASF's Intermediates division.
Due to its high chemical and thermal stability, NPG has proven itself in many applications, especially in the production of polyester and alkyd resins for various coatings and plastics. An essential field of application is powder coatings, which prove particularly successful in the construction industry as well as in the coating of household appliances.
About BASF Intermediates
The BASF Group’s Intermediates division develops, produces and markets a comprehensive portfolio of about 700 intermediates around the world. Its most important product groups include amines, diols, polyalcohols, acids and specialties. Intermediates are for example used as starting materials for coatings, plastics, pharmaceuticals, textiles, detergents and crop protectants. Innovative intermediates from BASF help to improve both the properties of final products and the efficiency of production processes. The ISO 9001 certified Intermediates division operates plants at production sites in Europe, Asia and North America. Around the globe the division generated sales to third parties of about €3.1 billion in 2018. For more information, go to www.intermediates.basf.com.
About BASF
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 122,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of around €63 billion in 2018. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.
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