BASF has broken ground on a previously announced multi-million dollar plastic additives facility at the Bahrain International Investment Park, with production of customer specific antioxidant blends (CSB) to start in 2012. The company said the investment was spurred by a supply agreement with Astra Polymer, the Damman, Saudi Arabia based supplier of masterbatch, additives, and compounds, as well as the opportunities presented by the countries of the Gulf Cooperation Council (GCC), which represent one of the fastest growing sectors of polyolefin production worldwide.
BASF describes the planned plant as "worldscale" calling it a "significant addition" to its existing plastic additive plants around the world in Asia, Europe, and the Americas. Production will occur across multiple lines with a high degree of automation, according to BASF. The company said the new operation will become one of the world's largest CSB plants with an annual capacity of about 16,000 metric tonnes, according to a July release. The company said this investment reflects its strong commitment to the plastic additives industry, following its acquisition of Ciba in 2009.