BASF considers construction of MDI plant in Chongqing
Startup planned from 2010 onward
BASF is considering the construction of a new MDI (diphenylmethane diisocyanate) plant in Chongqing municipality, Western China, to meet growing demand for this product. A corresponding memorandum of cooperation was signed with Chongqing Chemical and Pharmaceutical Holding (Group) Company and local authorities. BASF will now carry out an in-depth evaluation of the competitiveness of the location. The startup is planned from 2010 onward, and the plant is expected to have a capacity of 400,000 metric tons per year of crude MDI.
"The market for polyurethanes in China is expected to grow at double-digit rates and will become the largest in the world within the next decade," said Jacques Delmoitiez, President of BASF's Polyurethanes division. "Following on from the investment in our Caojing MDI/TDI facility, we are moving closer to finalizing the location for our next major polyurethanes investment in China."
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