BASF announced on Thursday its plans to invest a “mid-range double-digit euro million” sum in the modernization of its silica plant at the Düsseldorf-Holthausen site.
The investment is aimed at modernizing and improving existing facilities and will help the company meet rising silicate demand, BASF said.
“We want to continue serving our customers with high-value silicates and support them in their growth through a further improvement in supply security,” Soeren Hildebrandt, Senior Vice President, Home Care, I&I and Industrial Formulators Europe, BASF stated. This investment also helps to meet the rising demand for silicates and strengthens our leadership in Western European markets.”
The silica plant in Düsseldorf-Holthausen is one of the world’s largest, according to the German chemical company.
Silicates produced by BASF are used in the manufacture of precipitated silica for use in tire making, as thickeners in mortars and plasters, in foundry molds and mineral paints, as surface sealants in the construction industry, in detergents and cleaning agents, for material impregnation and in fire retardant applications.