Ludwigshafen, Germany – July 21, 2017 – By the end of 2017, BASF will concentrate the production of XPS boards (extruded polystyrene) at its Verbund site in Ludwigshafen, Germany, which will ensure the direct supply of raw materials, optimised logistics, and direct access to research and development facilities. In view of overcapacities and low margins, the company will discontinue the production of XPS at its Schwarzheide location in Germany in the fourth quarter of this year. There will be no compulsory redundancies.
“We are implementing this measure to make sure that we remain competitive in those markets in which we are able to generate added value for our customers and for BASF in the long term”, says Klaus Ries, Head of Global Business Management Styrenic Foams at BASF. “Going forward, the full XPS product range will be available from one location, thus substantially improving our service to customers. Thanks to its state-of-the-art facilities and following numerous debottlenecking measures, Ludwigshafen offers sufficient production capacity to guarantee profitable growth.”
The welding technology developed for use on insulation boards that is currently in operation at the BASF location in Schwarzheide will be transferred to Ludwigshafen and operated from this location. This contactless, thermal welding process not only enables the manufacture of particularly thick XPS boards (BASF trade name Styrodur®), but also paves the way for a variety of interesting material combinations for the insulation material solutions of the future.
Johnson Matthey is expanding its fuel cell operations into China with a £7.5-million facility to manufacture critical components for customers in the region.
Having invested around EUR 25 million in the construction of this 80,000-m3 facility, Borealis can now source and store naphtha for its Porvoo operations from the global market in a more flexible, cost-efficient, and secure way.
Mitsubishi Chemical Holdings, Japan’s largest chemical maker, has named Jean-Marc Gilson, CEO of plant-ingredients maker Roquette Frères (Lestrem, France), as its next CEO, effective 1 April 2021.