BASF invests in McIntosh site, expands plastic additives business
FLORHAM PARK, NJ, and MCINTOSH, AL, – BASF announced its plans to invest more than $200 million in its plastic additives business worldwide. Part of this investment will focus on strengthening its manufacturing footprint in North America by investing in its McIntosh, Ala., site to support market growth.
BASF’s investment aligns with announced expansions by existing and new polyolefin producers in North America, which significantly increases production capacity in the market.
“To us, this is a clear signal of our customers’ commitment to growth in the region,” said Anup Kothari, Senior Vice President, BASF Performance Chemicals. “The close proximity of our McIntosh site to our customers’ plants places us in an ideal position to fuel their growth.”
BASF’s investment in McIntosh will expand the production capacity of light stabilizers, namely the Tinuvin product line. In addition to its US locations, BASF’s Plastic Additives business has manufacturing sites in Mexico, Germany, Italy, Switzerland, Bahrain, China and Singapore.
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