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Libert has signed a contract with BASF to supply chemical plant equipment modules worth between USD 50 million and USD 65 million for the expansion of BASF's MDI production capacity at its Geismar plant in Louisiana. Delivery is expected by March 2025.
Shanghai Libert Engineering Technology Co., Ltd., a subsidiary of Libert, signed a design-procurement-modularization-construction (EPFC) contract worth about CNY 1.279 billion with INVISTA Nylon Chemical (China) Co., Ltd. for the INVISTA Polymer Phase III expansion project, with a contract period from January 28, 2022 to December 13, 2023.