BASF will launch the second phase of MDI expansion project in Louisiana

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BASF will continue to expand its MDI plant with an investment of US$87 million. For more than 30 years, the unit has been the heart of its Geismar factory. The company has invested $150 million in the expansion of the first phase of the MDI plant. The project is expected to be completed in the first half of 2020. The second phase of the expansion project will preserve the company's existing 1,238 jobs in Geismar. Geismar is the company's largest manufacturing facility in North America. Construction of the project is expected to start in late 2019 and be completed in 2021. The company estimates the project will support 170 construction jobs.

Governor Edwards said: "BASF has called Louisiana home for more than 60 years. The recent expansion project at the Geismar facility will help the company remain competitive in the global marketplace. Louisiana provides "Manufacturers of all kinds provide the resources needed to be successful, including low operating costs and efficient infrastructure and logistics. We welcome the latest expansion of BASF's Geismar facility and look forward to the company's continued contribution to the economy of Ascension County and the Capital Region." contribute to development.”

Since 2009, BASF has invested more than $800 million in major capital projects in Ascension County. The company expects the expansion to be eligible for Louisiana's Industrial Tax Exemption Program.

Exclusive compilation of Tiantian Chemical Network, English news link: http://www.pudaily.com/News /NewsView.aspx?nid=77947