Industry News

BASF to Invest USD 200 Million to Expand Kaolin Business

Published on 2018-03-06. Author : SpecialChem

TAGS:  Solvent borne Adhesives    

In its ongoing commitment to its Kaolin business, BASF is investing nearly $200 million over the next 10 years to realize further growth potential through sustainable supply, service and innovative solutions for its customers.

BASF to invest $200 million in its Kaolin business

Long-term Investment Strategy

The company’s long-term investment strategy includes infrastructure and process improvements projects in BASF’s Middle Georgia sites which will further enhance asset reliability while helping to increase operational sustainability and efficiency.

BASF’s Kaolin business is one of the largest calcined kaolin producers and a global leader in segments such as paints and coatings, plastics and rubber, as well as thermal paper and catalytic substrates. These segments are integral to growing industries such as automotive and construction.

“The attractive long-term growth outlook of these industries supports BASF’s increased investment, which will enhance our supply, service and innovative solutions to support our customer’s business goals and further strengthen our market leadership,” said Dr. Shane Porzio, Vice President of BASF’s Kaolin business.

Source: BASF
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