Comment Business & Economics
BASF to invest in a world-scale acrylic acid complex in Brazil
By Gerald Ondrey |
BASF SE (Ludwigshafen, Germany; www.basf.com) will invest in a world-scale production site for acrylic acid, butyl acrylate and superabsorbent polymers (SAP) in Camaçari, Bahia, Brazil. It will be the first acrylic acid and superabsorbents plant in South America. With an investment volume of more than €500 million, it is the largest investment in BASF’s century-long history in South America.
In addition, BASF will start to produce 2-ethyl-hexyl acrylate, an important raw material for the adhesives and special coatings industries, in its existing chemical complex in Guaratinguetá, São Paulo. This will be the first plant for this product in South America.
With the new acrylic acid complex, BASF aims to ensure the supply for important products as: superabsorbents for diapers, acrylic resins for coatings, textiles and adhesives and products for civil construction.
“BASF is the global and regional leader in the acrylic value chain. Due to the strong growth in Brazil, the time has come for this important investment. It will further strengthen our position and underlines our confidence in the development of the South American market,” says Stefan Marcinowski, member of the board of executive…
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