PRZOOM - /newswire/ -
Ludwigshafen, Germany, 2014/09/11 - BASF announced the start-up of a new butadiene extraction plant at its Verbund site in Antwerp, Belgium. The plant has an annual production capacity of 155,000 metric tons - BASF.com. DE000BASF111
• Production capacity of 155,000 metric tons per year;
• Securing BASF’s internal supply of butadiene in Europe;
• Taking advantage of opportunities on the external market;
• Strengthening of Antwerp Verbund site.
The plant in Antwerp is BASF’s second butadiene extraction plant in Europe. BASF already operates a butadiene extraction plant at its Verbund site in Ludwigshafen, Germany, with an annual production capacity of 105,000 metric tons. With the plant in Antwerp, BASF is more than doubling its production capacity for butadiene in Europe.
“This plant secures our internal supply with butadiene at competitive costs,” said Dr. Uwe Kirchgäßner, head of BASF’s regional business unit Basic Petrochemicals Europe. “In addition, it enables us to take advantage of opportunities on the external market and strengthens our market position in Europe.”
The butadiene will be extracted from crude C4, a product from the steam cracker. “With the new plant we are further developing the integration of the C4 value chain in Antwerp,” said Wouter de Geest, CEO of BASF Antwerpen NV. “This important investment strengthens the Verbund at the Antwerp site.”
Butadiene is a raw material that can be used to produce synthetic rubber, among other applications. The tire industry is one of the main consumers of butadiene. Other applications for butadiene include plastics production and paper chemicals.
At BASF (basf.com), we create chemistry and have been doing so for 150 years. Our portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As the world’s leading chemical company, we combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of about €74 billion in 2013 and over 112,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).
Contact: Silvia Müller - Trade media
P: +49 621 60-55084 - E: silvia.mueller[.]basf.com