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New BASF plant to service European semiconductor manufacturers |
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Aug 28, 2006 at 03:38 PM |
 BASF has announced that it has started construction of a new integrated production plant for process chemicals for the semiconductor industry. BASF said it is investing a double-digit million Euro sum in the Electronic Material Center Europe in Ludwigshafen, Germany. The facility is expected to be operational by the end of 2007 and will serve semiconductor fabs in Europe with both standard and customized products, while creating 60 jobs in Ludwigshafen, BASF's HQ complex and the largest industrial complex in Europe on a single site.
"With its structure and the way it is integrated into BASF's Verbund, the Electronic Material Center Europe is unique in Europe and shows how committed we are to this market," said Dr. Karl-Rudolf Kurtz, Group Vice President of BASF's Electronic Materials global business unit. "With this investment, we are also combining BASF's expertise in electronic chemicals as ‘The Chemical Company' and helping to make our customers in Europe more successful." Between 2005 and 2009, BASF is investing about €6 billion in Ludwigshafen for capital expenditures, modernization and maintenance of its plants as well as an additional €800 million per year in the research and development of modern processes, according to the company.
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