The plant, which is planned to go online in 2024, will increase the company’s global annual production capacity of its alkylethanolamines portfolio by nearly 30% to more than 140,000 metric tons per year.
The chemicals are used in the coatings industry where they act as binders between pigments and resins.
“We see a continuing, growing demand for alkylethanolamines in a broad range of industries such as water treatment, detergents and gas treatment over the next years,” said Dr Frank Stein, manager of BASF’s Intermediates division.
