OK
The Universal Selection Source:
Adhesives Ingredients
Industry News

BASF to Construct Butadiene Extraction Plant in Belgium

Published on 2012-07-05. Author : SpecialChem

Ludwigshafen, Germany and Antwerp, Belgium -- BASF plans to build a butadiene extraction plant at its Verbund site in Antwerp, Belgium. The plant will have an annual production capacity of 155,000 metric tons and is scheduled to start up during 2014. The investment amount will be in the high double-digit million euro range.

The decision has been made in light of the increasingly tight supplies of butadiene on global markets. In recent years, the volumes of butadiene available on the market have declined sharply. At the same time, demand from the tire industry and other industries has been rising. This has led to a considerable increase in prices.

"With the plant, we will secure our supply of butadiene at a competitive cost," said Dr. Uwe Kirchgäßner, head of BASF's regional business unit Basic Petrochemicals Europe. "Furthermore, we will take advantage of opportunities on the attractive external market and thereby contribute to our long-term economic success," Kirchgäßner added.

The butadiene will be extracted from crude C4, a product from the steam cracker. "This plant strengthens our Verbund production in Antwerp and is a very important investment at the site," said Wouter de Geest, CEO of BASF Antwerpen NV. "By improving the integration of the C4 value chain, we will also be able to reduce the need for logistics as well as traffic," added de Geest. Through the investment about 15 to 20 jobs will be created.

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. 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 paper chemicals and plastics production.

About BASF

BASF is one of 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. The company combines economic success, social responsibility and environmental protection. Through science and innovation it enables its customers in almost all industries to meet the current and future needs of society. Its products and system solutions contribute to conserving resources, ensuring healthy food and nutrition and helping to improve the quality of life.

Source: BASF


Improve your performance with water soluble epoxy compounds
Channel Alerts

Receive weekly digests on hot topics

Back to Top