Germany's BASF Targets $987 Million in Chemical Projects

Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking 29 projects worth US$987 million across Germany from BASF SE (Ludwigshafen, Germany), one of the largest chemical-processing companies in the region. The projects include unit additions, grassroot facilities, plant maintenance, plant expansions and modernizations.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of detailed BASF projects in Germany.

One of BASF's major planned investments in Germany is a grassroot cathode battery material plant at Schwarzheide, worth US$592 million. The plant will address the growing demand for electric vehicles in the region. Subscribers can click here for the project report.

BASF recently announced it would invest up to 4.5 billion euros (US$5 billion) in its battery materials and recycling business and carve out a new standalone mobile emissions catalysts business entity: BASF Automotive Catalysts and Recycling.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.