BASF Weighs $4 Billion Indian Chemicals Complex With Partners

Business World | Oct 17, 2019 at 3:23 PM
  • German chemicals maker BASF is teaming up with partners to study the feasibility of a petrochemical complex in India worth up to $4 billion.
  • Under the plan, the partners would build a plant to produce propylene from propane gas to be supplied by ADNOC.
  • Some of the propylene would go into a complex to produce polypropylene plastic, to be owned by ADNOC and Borealis.
More sources
  • BASF weighs $4 bln Indian chemicals complex with partners (Reuters: Oct 17, 2019 at 9:01 AM)