BASF recently announced it will invest in a world-scale production site for acrylic acid, butyl acrylate and superabsorbent polymers (SAP) in Camaçari, Bahia, Brazil. According to the company, this will be the first acrylic acid and superabsorbents plant in South America. With an investment volume of more than €500 million (~ $721 million), it is the largest investment in BASF’s century-long history in South America.
In addition, BASF will begin producing 2-ethyl-hexyl acrylate, a raw material for the adhesives and special coatings industries, in its existing chemical complex in Guaratinguetá, São Paulo. This will be the first plant for this product in South America.
“BASF is the global and regional leader in the acrylic value chain,” said Stefan Marcinowski, Ph.D., member of the board of executive directors of BASF SE. “Due to the strong growth in Brazil, the time has come for this important investment. It will further strengthen our position and underlines our confidence in the development of the South American market.”
For more information, visitwww.basf.com.
BASF to Build Acrylic Acid Complex in Brazil
August 31, 2011