BASF in Europe closes TDI plant with an annual output of 300,000 tons

<img src='/images/173157551573306.jpg' alt='BASF in Europe closes TDI plant with an annual output of 300,000 tons'>

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The market was informed that BASF in Europe shut down its TDI plant with an annual output of 300,000 tons.

It is reported that the shutdown is mainly due to the weak local demand for TDI, especially in Europe, the Middle East and Africa, where the demand is far lower than expected. The situation is exacerbated by dramatic increases in energy and utility bills. BASF's European customers will continue to be reliably supplied with TDI from BASF's global production network in Geismar, Louisiana, Yeosu, South Korea, and Shanghai, China.