- BASF (OTCQX:BASFY +4.2%) has inaugurated its world-scale production complex for acrylic acid, butyl acrylate and superabsorbent polymers in Brazil, which will be the first plants for acrylic acid and superabsorbent polymers in South America.
- "This major (€500M) investment will further strengthen our position in the growing South American market,” said BASF's Michael Heinz.
- The complex has a capacity of 160K tonnes of acrylic acid per year.