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BASF India Ltd, the Indian arm of German chemicals major, BASF SE on Tuesday commissioned its greenfield facility in Dahej. Set up with an investment of Rs 1000 crore, the plant is the single largest investment of the company in India.
The facility, spread across an area of 23 hectares, houses an integrated hub for polyurethane manufacturing and production facility for care chemicals and polymer dispersions. While, the care chemicals facility is the first sulfation plant of BASF in India, the polymer dispersion plant will help boost company's dispersions business.
With the commissioning of new plant at Dahej, the company has increased focus on making chemicals for downstream industries. "Our focus remains more on downstream industries.
Going forward in coming years we expect 70 per cent of our business come from downstream," said Michael Heinz, member of the board of directors, BASF SE.Heinz further added that company's India operations contribute less than 2 per cent to the global sales of about Euro 74 billion (2013).The company has planned additional Euro 10 billion investment in Asia Pacific between 2013 and 2020. Gujarat Chief Minister Anandiben Patel inaugurated the plant amid presence of local leaders and company's senior officials.
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