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Comment Business & Economics

BASF Chongqing MDI project approved

By Gerald Ondrey |

BASF SE (Ludwigshafen, Germany; www.basf) has received approval for a 400,000 metric tons per year MDI (diphenylmethane diisocyanate) project in Chongqing, China. The investment will total RMB 8 billion (approximately €860 million). The facility, which will produce a core component mainly used for polyurethane foams, is expected to start up by 2014. The project was approved by Chinese authorities, following a stringent examination of environmental, health and safety standards, two rounds of local public consultation and several expert reviews. This state-of-the-art facility will consist of an MDI plant, a nitrobenzene plant and an aniline plant, and will cover 40 hectares. It will form the center of an integrated chemical production complex operated by the Chongqing (Changshou) Chemical Industry Park. Martin Brudermüller, member of the board of executive directors of BASF SE, responsible for Asia Pacific, said, “Chongqing is at the center of a growing inland region. Investing here will give us access to what will be one of the biggest MDI markets in the world. We are applying world-class safety and environmental standards in the construction and operation of our facility, and at the same time we will produce products…
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