Plastics and chemicals giant BASF SE will build a plant to make antioxidants — commonly used as plastic additives — in Bahrain.
Ludwigshafen-based BASF will begin construction of the 35 million-pound-capacity plant in September. The plant is expected to be in operation by the end of 2012. It is being built in what is known as Salman Industrial City, an area near Hidd, Bahrain.
In a news release, company officials described the move as “a major investment ... in the plastic additives business,” following the firm's acquisition several years ago of Ciba Holding AG.
BASF also makes antioxidants in the region through a manufacturing agreement with Astra Polymer Compounding Co. Ltd. of Khobar, Saudi Arabia.
