BASF intends to build a second plant for sodium methylate in South America
BASF intends to build an additional production plant for sodium methylate in South America. Argentina is the planned location for the second plant with an annual capacity of about 60,000 metric tons.
- (1888PressRelease) March 04, 2011 - Thus, BASF wants to strengthen its regional presence in one of the most important growth markets for biodiesel. The construction of the plant is planned at BASF’s General Lagos site in Rosario, which is in the center of Argentina’s biodiesel production. The start of operation for the first sodium methylate plant in South America, located in Guaratinguetá, Brazil, will take place as scheduled at the end of 2011.
* Argentina designated as location for the new plant
* The first world-scale plant in Brazil, under construction, scheduled to start operations end of 2011
* Excellent catalyst for production of biodiesel
“Thanks to both our excellent technology know-how for the production of sodium methylate and the strategically good location of our Brazilian and Argentinean sites, we’re creating a strong and competitive position for BASF in South America. With the construction of a second plant, we will be able to strengthen this position,” said Stefano Pigozzi, President of BASF’s Inorganics division.
Dr. Alfred Hackenberger, President of BASF for South America, added: “The construction of another plant underlines the importance of biodiesel as well as BASF’s commitment to this market and the South America region.”
Sodium methylate is a reliable and efficient catalyst for the production of biodiesel, allowing high yields. Biodiesel is used increasingly as an alternative to fossil diesel fuels and is meeting the requirements of engine manufacturers for high-quality fuels.
BASF expects about 20 percent of the annual global demand for biodiesel, which is about 30 million tons, to come from South America in 2015.
About BASF
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and agricultural products to oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of about €63.9 billion in 2010 and had approximately 109,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).
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