Ludwigshafen, Germany -- BASF has invested Euro 60 million ($75 million) to increase its capacity for PolyTHF (polytetramethylene ether glycol - PTMEG) to 250 kilotonnes per annum (ktpa) from 185 ktpa.
BASF said it has also modernised and enhanced the efficiency of its plants and ensured supply of the necessary raw materials.
"By expanding our PolyTHF capacities, we are moving in line with our customers' steadily growing demand. We will continue to support our customers in the future around the world as a reliable partner," said Sanjeev Gandhi, president, BASF Intermediates division, in a company statement.
Gandhi added that growth rates for Poly THF are highest in the Asia/Pacific region.
PolyTHF is primarily used to make elastomeric fibres for a large variety of textiles, including underwear, outerwear, sportswear and swimsuits. It is also a building block for thermoplastic polyurethanes (TPU) used to make hoses, films and cable sheathing.
Other uses include thermoplastic polyetheresters, polyetheramides and cast elastomers for making wheels for skateboards and inline skates.
BASF's first plant was started up in Ludwigshafen in 1983, and the group claims to be "the world's most important and the only global supplier of PolyTHF," with and plants in Geismar, Louisiana; Ludwigshafen, Germany; Ulsan, Korea; and Caojing, China.