LUDWIGSHAFEN, Germany
,
July 21, 2022
(press release)
–
BASF is strengthening its market position in vitamin A by expanding its world-scale formulation capacities at its Verbund site in Ludwigshafen. The state-of-the art facility, which is fully integrated into vitamin production at the site, will support and further expand the production of high-quality vitamin A powder products for the animal nutrition industry. Start-up is planned for mid-2023 and will stepwise increase BASF’s vitamin A powder formulation capacities in line with the increased vitamin A acetate production capacity. The expansion of the vitamin A acetate plant in Ludwigshafen was successfully completed in 2021, increasing BASF’s total annual nameplate capacity for vitamin A acetate to 3,800 metric tons. With the expansion of the formulation plant, BASF is further enhancing its vitamin A production footprint. Close integration of the powder plant facility into the BASF Verbund will additionally ensure a best-in-class CO2 footprint and an efficient use of resources. “Our commitment to the vitamin A market remains strong,” said Julia Raquet, Senior Vice President of the new global business unit Nutrition Ingredients. “This investment is part of our new operating model, leveraging and further strengthening core product platforms of our nutrition ingredients business. It underlines our ambition to meet market demands for vitamin A in the long term and ensures reliable, high-quality supply to our customers.” BASF is a leading global producer of vitamin A for animal nutrition. With the expansion of the world-scale formulation plant, BASF supports its customers’ growth plans and emphasizes the role of vitamin A as a strategic pillar for the animal nutrition business. For more information on the new operating model of the Nutrition & Health division please click here About BASF At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €78.6 billion in 2021. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.
