BASF Increases Capacity of Global Plastic Additives Production Network

Within the next five years, BASF plans to invest globally more than Euro 200 million in its plastic additives business, approximately half of which is to be in Asia, focusing on capacity expansions and operational excellence, BASF announced on November 8. Plastic additives improve product properties such as scratch resistance or light stability, and optimize plastics manufacturing processes. As the leading global supplier of plastic additives with manufacturing assets in all regions, BASF is a major partner to the plastics industry.
The planned set of measures focuses on capacity expansions at sites in North America and Europe as well as investments in automation, digital technologies and modelling. In addition, BASF plans to strengthen its plastic additives production footprint in Asia.