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The investment is designed to meet growing global demand for a
20% annual production capacity expansion
is scheduled to start production in the first quarter of 2021
BASF plans to increase its antioxidant Irganox
®
1520L capacity at its Pontecchio Marconi production site in Italy by 20%. Irganox
®
1520L is an important product in BASF's antioxidant portfolio. As the world's leading supplier of plastic additives, BASF looks forward to meeting growing market demand and better serving customers and customers worldwide through this capacity expansion
.
Achim Sties, Senior Vice President, Specialty Chemicals, BASF, said: "Irganox
®
1520L capacity expansion
underlines our commitment to continue to help our customers grow. By removing bottlenecks in Poncecio Marconi's production facilities, we are able to respond quickly and meet growing market demands. the
Irganox
®
1520L is an efficient antioxidant for a wide range of solution polymerization, emulsion polymerization and thermoplastic elastomers, plastics, adhesives, sealants, oils and lubricants, providing excellent processing and long-term thermal aging stability without the need for other stabilizers, with low concentration requirements. Irganox
®
1520L can also be used with other additives, such as auxiliary antioxidants, benzophones, light stabilizers and other functional stabilizers, if required.
.