BASF to Invest More Than EUR500 Million in Capacity Expansion at Belgian Site
September 30 2019 - 5:49AM
Dow Jones News
By Max Bernhard
BASF SE (BAS.XE) plans to invest more than half a billion euros
in a capacity expansion for integrated ethylene oxide and
derivatives at its Antwerp site in Belgium.
The more than 500 million-euro ($546.8 million) investment will
add about 400,000 metric tons per year to BASF's production
capacity for the corresponding products, the German chemicals
company said Monday.
BASF expects a sequential start-up to begin in 2022.
Write to Max Bernhard at max.bernhard@dowjones.com;
@mxbernhard
(END) Dow Jones Newswires
September 30, 2019 05:34 ET (09:34 GMT)
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