BASF is evaluating an investment in a world-scale methane-to-propylene complex on the U.S. Gulf Coast. The on-purpose production of propylene would allow BASF to take advantage of low gas prices due to U.S. shale gas production and considerably improve its cost position. This would be BASF’s largest single-plant investment to date.
BASF intends to further strengthen its backward integration into propylene and grow its propylene-based downstream activities, leading to a stronger market position in North America.
Propylene is one of the most important basic chemicals in the petrochemical industry. it is used in the production of a wide range of higher-value chemicals which are used to manufacture products such as coatings, detergents or superabsorbent polymers for baby diapers.
- BASF SE, Ludwigshafen, Germany