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BASF has broken ground on the third and final phase of its methylene diphenyl diisocyanate (MDI) expansion project at its Verbund site in Geismar, Louisiana. The final phase investment is $780 million, bringing total investment to about $1 billion, and will increase capacity to approximately 600,000 metric tons per year by the middle of the decade.
“BASF has broken ground on the third and final phase of the methylene diphenyl diisocyanate (MDI) expansion project at its Verbund site in Geismar, Louisiana, announced in July 2022.”markets.financialcontent.com
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