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BASF to expand in India, China
Tuesday, 28 August 2007, 19:30 IST
Mumbai: Chemicals major BASF Catalysts is expanding its automotive catalyst plants in Chennai in southern India and Shanghai in China to meet the growing customer demand over the next few years.
BASF Catalysts already is a market leader in automotive catalysts throughout Asia and the planned expansions will support the company's continued leadership in the region.
Domestic car sales in China and India are expected to grow significantly over the next few years, spurring growth in demand for light-duty automotive catalysts.
In response, BASF Catalysts will nearly double the manufacturing capacity in Shanghai and triple it in Chennai.
Both sites' technical capabilities will also be upgraded in order to deliver the most advanced emission-control technologies that will meet anticipated new emissions standards in the two countries. Capacity expansions at both locations will be complete by early 2009.
"We are committed to helping our customers be more successful," said Wayne T. Smith, president of BASF's Catalysts division, in a press statement Tuesday.
"That means having the right manufacturing capabilities in the right locations at the right time. The expansions in China and India will enhance our ability to supply our customers with the emission control technologies they require as those economies continue to grow."
The Shanghai and Chennai expansions are part of a significant commitment in new capital investments made since BASF Catalysts was established mid-2006.
Additional expansions are underway to support key growth technologies and markets including refinery catalysts, diesel emissions control and chemical catalyst technologies.
Source: IANS
Source: IANS