BASF is planning to invest up to EUR 56 million to expand Polyvinylpyrrolidone (PVP) production over the next four years.
“Our global production network and technology leadership enable us to obtain the highest levels of supply reliability and quality for our customers in multiple industries,” said Michael Heinz, Member of the Board of Executive Directors, BASF.
The German conglomerate will revamp its facility in Ludwigshafen, Germany and Geismar, Louisiana. In addition, the company will also introduce PVP technology at its plant in Shanghai, China. Through these initiatives, BASF expects to increase PVP production capacity by up to 6,000 metric tonnes.
