BASF to build EUR 150m plant in India
(FRANKFURT) - BASF, the world's biggest chemicals maker, said Wednesday it plans to invest 150 million euros ($197 million) in a new production site in Dahej, India.
The plant, to be located on the west coast of India in Gujarat, will produce chemicals for use in the footwear, automotive, construction, adhesives and paper industries, BASF said in a statement.
The start of production is planned for 2014.
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