BASF Plans PVP Expansion
BASF plans to invest up to EUR 56 million in the expansion of its polyvinylpyrrolidone (PVP) value chain over the next four years. PVP is a polymer that is used in diverse industries, including the pharmaceutical industry as an excipient.
The company plans to revamp existing plants in Ludwigshafen, Germany and Geismar, Louisiana and introduce the PVP technology at BASF's site in Shanghai, China. Overall, the company will increase its global PVP production capacities by up to 6,000 metric tons. All plants will operate under cGMP.
Source: BASF