The Dubai-based waterproofing specialist and protective coatings company announced the expansion as part of its three-year strategic growth plan for the Middle East.
The facility serves more than 100 automotive factories on different continents and offers customer services with the highest pioneering technology in the market.
The significant capacity expansion at the Kalama site has been successfully completed. Benzyl alcohol is used as a solvent and intermediate, and is highly valued due to its low volatility and low toxicity.
Vietnam’s maritime industry has been declared a priority sector by the Vietnamese government and is on track to become one of the largest ship building and repair hubs in Asia.
BASF announced it will invest in a new world-scale Neopentyl Glycol (NPG) plant with an annual production capacity of 80,000 metric tons at its Zhanjiang Verbund site, China.