BASF to Build Formic Acid Unit, Acquires Nylon Business

Engel: Growing in North America. BASF says it will build a 50,000-m.t./year formic acid at its Geismar, LA facility. It will be the only formic acid plant in North America and will allow BASF to better serve markets in North and South America, including applications for pharmaceuticals, energy, animal nutrition, leather and cleaning products. Start-up is expected in the second quarter of 2014, BASF says. “The new plant further strengthens our position as a leading supplier of chemistry for sustainable solutions,” says Hans Engel, chairman and CEO of...

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