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Markets :: Fine Chemicals/Biotech :: Agricultural chemicals

BASF invests in Missouri crop protection site

9:30 AM MDT | May 7, 2013 | Rebecca Coons

BASF says it has begun a project to install new gas-fired boilers to generate steam at its Hannibal, MO, site as part of its plan to spend, on average, €300 million ($390 million) annually on global production capacities to support its crop protection division over the next few years. The new boilers will replace the coal fired boilers that had been used at the Hannibal site with a more efficient and sustainable energy system. In total, the company plans to spend around $30 million on capital projects in 2013 to increase the Hannibal plant’s...

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