BASF begins construction of a plant for producing its Ecoflex biodegradable plastic in Germany.
President of BASF's Performance Polymers division, Dr. Wolfgang Hapke:
"We are already successful in the market with our biodegradable polyester Ecoflex and the related innovation, Ecovio. The larger production capacities will enhance our position significantly. The capacity expansion will also enable us to respond even more effectively to our customers' wishes."
The new plant will be built in Ludwigshafen, Germany. Once completed, the new plant will increase BASF’s production capacity for producing Ecoflex from 14,000 to 74,000 metric tons per year. BASF will also step up its production of Ecovio, its renewable Ecoflex derivative. Annually, the market for biodegradable polymers is growing 20%. BASF is already one of the world’s largest suppliers of biodegradable and bio-sourced plastics and this boost to production output will place the company well to compete in the growing European bioplastics market in coming years.
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