BASF (BASFY) to Expand Basoflux Production Capacity in Tarragona
BASFYBasf(BASFY) Zacks Investment Research·2024-05-15 23:36

BASF SE (BASFY) is set to expand the global production capacity of its Basoflux range of paraffin inhibitors at its Tarragona, Spain site. This investment will allow BASF’s Oilfield Chemicals business to meet the growing demand for innovative paraffin inhibitors in the Oil & Gas industry. The additional production assets will improve efficiencies and flexibility, particularly in the production of new solutions such as more sustainable aqueous-based dispersion paraffin inhibitors and solvent-based products. ...