BASF and F.A.R. to cooperate on trimethylolpropane
BASF will take over all marketing and sales and will mothball Ludwigshafen plant
BASF will mothball its TMP plant in Ludwigshafen. This move will affect eight BASF employees, who will assume other jobs at the Ludwigshafen site. The cooperation is subject to the approval of the respective antitrust authorities.
“Polyalcohols are one of our core businesses. By cooperating with F.A.R we further strengthen our TMP business. In the current difficult market situation we are temporarily focusing on one manufacturing site only,” said Dr. Tom Witzel, head of the Regional Business Unit Diols and Polyalcohols of BASF’s Intermediates division. “We have already optimized the Vercelli TMP production together with F.A.R. The quality of the TMP to be produced there will comply with both companies’ standards and meet our customers’ high expectations.”
TMP is used in the production of polyurethanes, synthetic lubricants and coatings. BASF also manufactures numerous other polyalcohols, for example neopentylglycol (NPG), hexanediol (HDO) and hydroxypivalic acid neopentylglycolester (HPN). Apart from the above applications, these intermediates are also valuable in the production of adhesives and polyester resins.
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