BASF confirms final phase of MDI expansion at Geismar Verbund site
July 19 2022 - 9:00AM
BASF is moving forward with the final phase of the expansion
project for the methylene diphenyl diisocyanate (MDI) plant at its
Verbund site in Geismar, Louisiana. With this third step of its
multiphase capacity expansion, BASF will increase production
capacity to 600,000 metric tons per year by the middle of the
decade and support the ongoing growth of its North American MDI
customers. The company kicked off the expansion project in 2018
with a staggered approach consisting of three investment phases.
The investment in the final expansion phase from 2022 to 2025
amounts to $780 million.
“This investment underlines our commitment to
North America and strengthens BASF’s supply reliability and the
competitiveness of our customers’ value chains in the region,” said
Michael Heinz, Chairman and Chief Executive Officer, BASF
Corporation. “As one of BASF’s Verbund sites, the Geismar location
is ideally suited for the expansion of our MDI production thanks to
its existing infrastructure, reliable raw material supply, skilled
workforce and strong community support.”
Leveraging state-of-the-art technology, the
expansion will showcase the highest safety standards combined with
advanced digitalization in its operations. BASF is now entering the
final phase of the expansion, targeted for completion by the end of
2025.
“BASF is committed to growing and partnering
with our North American MDI customers, be it in the construction
and appliance, transportation, automotive, footwear or furniture
sectors,” said Ramkumar Dhruva, President of BASF’s Monomers
division. “With this integrated facility, we will continue to
support our North American MDI customers by growing our capacity to
meet their needs.”
The first phase of the expansion project
involving the construction of a new MDI synthesis unit was put in
operation in October of 2020. The second phase, which started
operations in 2021, expanded several existing upstream units. With
the third and final expansion phase, which includes several new
upstream units and a splitter, the new overall MDI output of the
Geismar complex will increase to 600,000 metric tons.
About BASF
BASF Corporation, headquartered in Florham Park,
New Jersey, is the North American affiliate of BASF SE,
Ludwigshafen, Germany. BASF has more than 16,700 employees in North
America and had sales of $25.9 billion in 2021. For more
information about BASF’s North American operations, visit
www.basf.com/us.
At BASF, we create chemistry for a sustainable
future. We combine economic success with environmental protection
and social responsibility. Around 111,000 employees in the BASF
Group contribute to the success of our customers in nearly all
sectors and almost every country in the world. Our portfolio
comprises six segments: Chemicals, Materials, Industrial Solutions,
Surface Technologies, Nutrition & Care and Agricultural
Solutions. BASF generated sales of €78.6 billion in 2021. 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.
Media RelationsLauren SinclairPhone:
313-236-7246lauren.sinclair@basf.com
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