BASF Invests in a New Oxidizing Plant
In the fourth quarter of 2008, BASF SE, Ludwigshafen, Germany, will begin construction of a second oxidizing plant for the production of synthetic waxes at its Ludwigshafen site. From 2010 the plant will produce several thousand metric tons of oxidized waxes using a process developed by the company. This is double the current production capacity. The waxes are used primarily in plastics processing.
As in the existing plant, which has been in operation for more than ten years, the raw material − low-density polyethylene waxes (PE waxes) − will come from the site’s own polymerization plants. Thus, the new plant will fit perfectly into the company’s integrated raw materials and energy system at the Ludwigshafen site. At the same time as building the new plant, the company will also modernize the existing plant for PE waxes. The total investment will be about EUR 10 million.
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