International. BASF India Limited opened its large-scale chemical production complex in Dahej in Gujarat, India. The project cost approximately €150 million and represents BASF's largest single investment in India.
Michael Heinz, Member of the Board of Executive Directors of BASF SE, commented: "As part of our investment plans of more than €10 billion in Asia-Pacific between 2013 and 2020, we want to strengthen our production platform in India. With our new site we are improving our position as a supplier with local production and even better we can 'create the chemistry' with our customers. With our advanced technologies and the commitment of our team in India, we will contribute and benefit from India's huge market potential."
Meanwhile, Dr. Raman Ramachandran, President of BASF Companies in India and Head of South Asia, said: "With this production center, including the first MDI splitter in South Asia, we are well positioned to increase our long-term competitiveness significantly in this key market. We will serve our customers in the Asia-Pacific region even better through the offer of stable products in terms of quality and volume."
