BASF to Invest in Kaolin Business
- Published: March 13, 2018
CHARLOTTE, NC | BASF reports that in an ongoing commitment to its Kaolin business, it is investing nearly $200 million over the next ten years to realize further growth potential through sustainable supply, service, and solutions for customers.
The company’s long-term investment strategy includes infrastructure and process improvements projects in BASF’s Middle Georgia sites, which reportedly will further enhance asset reliability while helping to increase operational sustainability and efficiency.
BASF’s Kaolin business is said to be one of the largest calcined kaolin producers and a global leader in segments such as plastics and rubber, thermal paper and catalytic substrates, as well as paints and coatings. These segments are integral to growing industries such as automotive and construction.
“The attractive long-term growth outlook of these industries supports BASF’s increased investment, which will enhance our supply, service and innovative solutions to support our customer’s business goals and further strengthen our market leadership,” says Dr. Shane Porzio, VP of BASF’s Kaolin business.
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