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● The new capacity will be commissioned in Q4 2022
● Expanding capacity to meet strong demand for polyamides in India
BASF India Ltd.
will expand Ultramid® polyamide production capacity to meet growing market demand
.
The additional capacity at BASF's production site in Panoli, Gujarat, will be commissioned in the fourth quarter of 2022
.
Andy Postlethwaite, Senior Vice President, Performance Materials Asia Pacific, BASF, said: "The new capacity reaffirms our commitment to being our customers' preferred polyamide supplier and will help us meet the rapidly growing demand for Ultramid® polyamides in the Indian market
.
It will correspondingly shorten local lead times and help us better meet the timely demands of original equipment manufacturers (OEMs)
.
"
Ultramid is used in automotive applications, electrical and electronic fields, industrial products and consumer goods
.