BASF Enters Final Phase of MDI Capacity Expansion Project at Louisiana Site
BASF has entered the third and final phase of its methylene diphenyl diisocyanate (MDI) expansion project at its Verbund site in Geismar, Louisiana. The company will increase production capacity to approximately 600,000 metric tons per year by the middle of the decade to support the ongoing growth of its North American MDI customers.
The investment for this final expansion phase, which takes place from 2022 to 2025, amounts to $780 million. Including the first and second phases, the investment volume totals around $1 billion, making the MDI expansion project BASF’s largest wholly owned investment in North America.