BASF invests €56 million for expansion of Polyvinylpyrrolidone (PVP) production

Specifications:

Name:

BASF invests €56 million for expansion of Polyvinylpyrrolidone (PVP) production

Location:

Germany

Company:

BASF

Estimated Cost:

€56 million

Source:

basf.com

Introduction:

BASF plans to invest up to €56 million in the expansion of its Polyvinylpyrrolidone (PVP) value chain over the next four years.

Features:

PVP is a polymer which is used in diverse industries, for example the pharmaceutical or the personal and home care sector. Through revamping existing plants in Ludwigshafen, Germany and Geismar, Louisiana and introducing the PVP technology at BASF’s site in Shanghai, China, the company will increase its global PVP production capacities by up to 6,000 metric tons.

The polymer PVP can be used in a broad range of applications due to its varied features: It is water soluble, but can also absorb large quantities of water; it is non-irritant to the skin and does not pose a health hazard; it is temperature-resistant, pH-stable, non-ionic and colorless. A majority of BASF’s PVP capacities are destined for the pharmaceutical industry.