BASF to focus on core assets of polyamide value chain

18 Mar '08

3 min read

“The purchase of BASF's Seal Sands manufacturing site is a natural development for INEOS Nitriles and supports our long-term strategy. We have a strong commitment to our customers and this acquisition will support their plans for growth,” said Rob Nevin, CEO of INEOS Nitriles.

“I am confident that the integration of this site and its workforce into INEOS Nitriles, a company committed to a long-term participation in the acrylonitrile business, will be the best guarantee of continued future success for the Seal Sands site,” said Bernd Brian, Site Director at the Seal Sands site.

BASF produces polyamide 6.6 (Ultramid A) from the key intermediates HMD and adipic acid at its site in Ludwigshafen, Germany. In addition, BASF operates fully backward-integrated production plants for polyamide 6 (Ultramid B) at its Verbund sites in Ludwigshafen, Germany; Antwerp, Belgium; and Freeport, Texas. Ultramid A and B are used to produce engineering plastics which go into the automotive, electric & electronics, furniture and leisure industries. In addition, polyamide 6 and 6.6 are used to produce fibers for textile, carpet and industrial applications.

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