PRZOOM - /newswire/ -
Ludwigshafen, Germany, 2012/03/14 - BASF will increase its capacity for cyclohexane oxidation at its Antwerp Verbund site by about 50,000 tons per year - BASF.com. DE000BASF111
• Increase by 50,000 tons per year at Antwerp Verbund site;
• Strengthening of BASF’s polyamide 6 and polyamide 6.6 value chain.
The total investment amounts to about €10 million. Cyclohexane oxidation products are important intermediates for caprolactam and adipic acid, starting materials for polyamide 6 (PA 6) and polyamide 6.6 (PA 6.6). PA 6 and PA 6.6 are used in lightweight components for cars, flexible food packaging, fishing lines and nets through to textile fibers for outdoor sportswear and carpets.
“By expanding the cyclohexane oxidation capacity, we are further increasing backward integration of the polyamide value chain at the Antwerp Verbund site. This debottlenecking project will help us to reduce our dependency on external suppliers of cyclohexane oxidation products,” says Hermann Althoff, Head of the Polyamide and Intermediates global business unit at BASF. The expansion will be implemented as part of two long-term planned turnarounds and is intended to be completed by the end of 2014 . BASF is one of the world’s leading manufacturers of polyamide and its intermediates and operates cyclohexane oxidation units at the Verbund sites in Ludwigshafen, Antwerp and Freeport.
Further information can be found at polyamides.basf.com.
Laura-Rebecca Janz, Trade Media
P:+49 621 60-42276 / F:+49 621 60-49497 - E: laura-rebecca.janz[.]basf.com.
BASF (basf.com) is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success, social responsibility and environmental protection. Through science and innovation we enable our customers in almost all industries to meet the current and future needs of society. Our products and system solutions contribute to conserving resources, ensuring healthy food and nutrition and helping to improve the quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF posted sales of about €73.5 billion in 2011 and had more than 111,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).