BASF to develop chemical production site in Gujarat [May 2012]

By admin May 26, 2012 8:31 am IST

BASF India plans to invest Rs. 1,000 crore to set up a new chemical production site at the Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR), located in Gujarat.
The new site will be an integrated hub for polyurethane manufacturing and will also house production facilities for care chemicals and polymer dispersions for coatings and paper. With this new production site, BASF aims to ensure local supply for growing markets and industries such as appliances, footwear, automotive, construction, adhesives, architectural coatings, paper and personal care. The start of production is planned for 2014. BASF India plans to invest in this project through internal accruals and loans.

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