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· The investment is aimed at meeting growing global demand
· 20% annual capacity expansion
· Scheduled to start production in the first quarter of 2021
BASF plans to increase production capacity of antioxidant Irganox® 1520L by 20% at its Pontecchio Marconi production site in Italy
.
Achim Sties, Senior Vice President Performance Chemicals Europe at BASF, said: "The capacity expansion of the Irganox® 1520L underscores our commitment to continued growth for our customers
.
Irganox® 1520L is a highly effective antioxidant for a wide range of solution-polymerized, emulsion-polymerized and thermoplastic elastomers, plastics, adhesives, sealants, oils and lubricants, providing excellent performance without additional co-stabilizers Processing and long-term thermal aging stability, and low concentration requirements
.