Ludwigshafen, Germany - BASF is to expand its polyurethane systems and specialities business in Brazil, with the enlargement of facilities at its Guaratinguetá site, and development of a technical service centre at Demarchi.
The production facilities for PU systems, polyols, Elastollan TPU (thermoplastic polyurethane) and BASF's microcellular PU brand Cellasto will be enlarged and established at BASF's Verbund site in Guaratinguetá.
A technical service centre will be opened at Demarchi in order to "create a world class facility to support the company's customer and market development activities," BASF said in a 14 Oct announcement.
BASF said that due to a lack of space, these expansions could not take place at the company's site in Mauá, Brazil.
"With this investment, BASF will secure the long term future of our polyurethane business in South America. We will be in the position to better serve our customers in the polyurethanes market in Brazil and to help make them more successful," said Wayne Smith, president of BASF's polyurethanes division.
The Brazilian polyurethanes market is mainly driven by industries in the furniture, footwear, appliances and transport segments, BASF said.