View of BASF Geismar Verbund Site North America. Courtesy: BASF

Stefan Doerr, head of the regional business unit Monomers North America, added: "With this investment, BASF will support the growth of its North American customers. Our existing infrastructure at the Geismar site combined with the competitive raw materials based on shale gas make the Geismar site ideally suited for this investment. The experienced BASF team at the site will ensure smooth implementation of the project."

MDI is an important component for polyurethanes - an extremely versatile plastics material. It contributes to improved insulation, provides lighter materials for cars, and helps save energy in buildings.

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