MOSCOW (MRC) -- BASF has completed a capacity increase of its methylene diphenyl diisocyanate (MDI) production facilities at the company's Verbund site in Antwerp, Belgium, said the company on its website.
The capacity increase brings the annual production of MDI in Antwerp from 560,000 metric tons per year to 650,000 metric tons per year.
MDI is an important component for polyurethanes – an extremely versatile plastics material. It contributes to improved insulation, provides lighter materials for cars, and helps save energy in buildings.
As MRC informed earlier, the professional Western European Building Material Business sold under the Thomsit and Ceresit brands for flooring and tiling systems and waterproofing have become part of the portfolio of the PCI Group, a wholly-owned subsidiary of BASF.
BASF is the largest diversified chemical company in the world and is headquartered in Ludwigshafen, Germany. BASF produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries. BASF generated sales of more than EUR70 billion in 2015.