BASF to set up polyalkylene glycol plant in Germany
The plant, which will support growth of lubricant formulators, will start operations by the beginning of 2016
BS B2B Bureau B2B Connect | Ludwigshafen, Germany
With this double-digit million Euro investment BASF continues to support the global growth of synthetic lubricant formulators who use these BASF products in their final formulated lubricants. Through the integration in BASF’s largest Verbund site in Ludwigshafen, Germany, the new production unit will have full backward integration into all key raw materials including ethylene oxide and propylene oxide.
The new facility will increase security of supply for BASF’s customers in the lubricant industry. “With the new plant we are consequently following our strategic path as a world-class leading supplier for synthetic lubricant solutions. The investment represents another significant step for us as well as our customers,” said Martin Widmann, Senior Vice President of BASF’s business unit Fuel and Lubricant Solutions.
Polyalkylene glycol base stocks are used, for example, in finished lubricants for gear oils or compressor oils as well as in metalworking applications or fire-resistant hydraulic fluids.
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First Published: May 26 2014 | 5:17 PM IST