- Investment meets increasing global demand
- Annual capacity expansion of 20%
- Startup planned for the first quarter of 2021
BASF plans to increase the production capacity for its antioxidant Irganox® 1520L by 20% at the site in Pontecchio Marconi, Italy. Irganox® 1520L is a key product in BASF’s antioxidant portfolio. The company is a leading global supplier for plastic additives. With this expansion, BASF responds to an increasing market demand and aims to better serve its global customers.
“The production expansion of Irganox® 1520L underlines our clear commitment to continuously support the growth of our customers. By debottlenecking operations at our Pontecchio plant in Italy, we are able to respond quickly to an increasing market demand,” says Achim Sties, Senior Vice President, Performance Chemicals Europe, BASF.
Irganox® 1520L is a highly effective thermo-oxidative stabilizer in a wide range of solution polymerized, emulsion polymerized and thermoplastic elastomers, plastics, adhesives, sealants, oils and lubricants. It is unique in its ability to provide both processing and long-term heat-aging stability used alone, at low levels and without co-stabilizers. Where necessary, Irganox® 1520L can be used with other additives such as secondary antioxidants, benzofuranone, light stabilizers and other functional stabilizers.
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