Chongqing, China, March 25, 2011 — BASF said it has received approval for a plant in Chongqing to produce 400,000 metric tons per year of MDI (diphenylmethane diisocyanate).
The investment will total approximately $1.2 billion. The facility, which will produce a core component mainly used for polyurethane foams, is expected to start up by 2014.
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