BASF India to expand Ultramid® polyamide production capacity in Panoli, Gujarat

• Additional capacity will be available in the fourth quarter of 2022
• Expansion to meet high demand for polyamide in India

Mumbai, India – March 7, 2022 – BASF India Limited will expand the production capacity of its Ultramid^® polyamide grades to meet growing market demand. The increased capacity of BASF’s production site in Panoli, Gujarat will be available in the fourth quarter of 2022.

“The additional capacity reaffirms our commitment to be our customers’ supplier of choice for polyamides and will help us meet the growing demand for our Ultramid polyamide grades in India. It will accordingly shorten local delivery times and help us better meet the timing needs of original equipment manufacturers (OEMs),” said Andy Postlethwaite, senior vice president, Performance Materials Asia Pacific, BASF.

Ultramid is used in automotive applications, electrical and electronics, industrial products and consumer goods.

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 111,000 employees of the BASF Group contribute to the success of our customers in almost every industry and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition and Care, and Agricultural Solutions. BASF achieved sales of 78.6 billion euros in 2021. BASF shares are traded on the Frankfurt Stock Exchange (BAS) and as American Depositary Receipts (BASFY) in the United States. www.basf.com.

About BASF’s Performance Materials Division

BASF’s Performance Materials division unites all of BASF’s know-how in innovative and customized plastic materials under one roof. With a global presence in four major industry sectors – transportation, construction, industrial applications and consumer goods – the division has a strong portfolio of products and services combined with a deep understanding of application-oriented system solutions . The main drivers of profitability and growth are our close collaboration with customers and our clear focus on solutions. Strong R&D capabilities provide the foundation for developing innovative products and applications. In 2021, the Performance Materials division achieved worldwide sales of 7.29 billion euros. More information: www.plastics.basf.com.

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BASF India Ltd. published this content on March 07, 2022 and is solely responsible for the information contained therein. Distributed by publicunedited and unmodified, on March 07, 2022 06:08:05 UTC.