BASF Explores New MDI Investment in India
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Continuing its commitment to serve its growing customer demand in the region, BASF is evaluating a potential investment in India. The company is in the advanced stages of a feasibility study for the construction of an MDI (methylene diphenyl diisocyanate) production complex and has secured an industrial land parcel in Dahej, Gujarat. The acquisition would be for the potential investment through its Indian subsidiary, BASF India Polyurethanes Private Limited.
“India is among the most attractive growth markets globally, with strong demand expected across a wide range of industries,” said Dr. Stephan Kothrade, member of the Board of Executive Directors and chief technology officer of BASF SE. The final investment decision will be based on the outcome of the feasibility study and will remain subject to all necessary approvals.
“BASF continues to invest in its global MDI production network to support customer growth and ensure reliable supply across key markets,” said Dr. Ramkumar Dhruva, president of BASF’s Monomers division. “While the commissioning of our $1 billion MDI expansion project in Geismar is entering its final phase, we are evaluating the next potential step in strengthening our global MDI footprint. A project in India would complement our existing production network and further enhance supply reliability for our customers.”
In addition to Geismar, Louisiana, BASF operates MDI production facilities in Antwerp, Belgium; Chongqing and Caojing (Shanghai), China; and Yeosu, South Korea.
Learn more about BASF at basf.com.
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