The German BASF Company Group plans to build in Siberia a plant for the production of dry construction mixtures and concrete additives. In the Novosibirsk Region – the priority area for production facility localization – the Company has already studies the sites of the Novosib Industrial Park and those of the Regional Industrial and Logistic Park (ILP). The investment in the project will be at least €5 million. The plant launching is expected in 2020. According to experts, the plant launching will be extremely favorably timed to the completion of the Baikal-Amur Mainline modernization plan in 2020.
Company's website: www.basf.com
T: +49 621600
Public company (EURONEXT: BAS)
Contact: Dr Kurt Bock, Chairman of the Board
BASF comprises six business segments: Chemicals, Plastics, Performance Products, Functional Solutions, Agricultural Solutions and Oil & Gas.