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BASF is expanding capacity for three basic chemicals. At its headquarters site in Ludwigshafen, Germany, the firm will boost capacity for its Koresin phenolic resin 50% by 2014. Koresin is used mainly as a tackifier in tire manufacturing. BASF will also expand capacity for the intermediate 1,4-butanediol and its derivative polytetramethylene ether glycol (PTMEG) at several sites over the next two years. The firm’s annual capacity for butanediol will rise more than 20% to 650,000 metric tons; capacity for PTMEG will jump 40% to 350,000 metric tons.
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