MIDLAND, Mich. (Nov. 21) — BASF A.G. and Dow Chemical Co. will conduct a joint study to determine the feasibility of constructing a toluene diisocyanate production facility at one of their sites in Europe.
The plant would have annual capacity of about 300,000 metric tons and be the world´s largest TDI facility ever built, the companies claimed. The study will center on key factors such as location, best technology and infrastructure.
If Ludwigshafen, Germany-based BASF and Dow Chemical, headquartered in Midland, determine the project is viable, operation of the plant would start in 2011.
"Although this is an early stage feasibility study, we believe the world´s top two chemical companies can create a world-class TDI facility that has outstanding economic and technological competitiveness," said Pat Dawson, business vice president for Dow Polyurethanes.