BASF invests to expand ibuprofen production capacity
Germany-based BASF (BAS: DE), the world's largest chemical company, plans to build a new world-scale plant to produce ibuprofen in Ludwigshafen, Germany.
Ibuprofen is an active pharmaceutical ingredient (API) that is used for treating pain, fever, and inflammation. The new plant, is scheduled to come on stream in 2021.
“It will be the first world-scale ibuprofen plant in Europe,” says Dr Markus Kamieth, a member of the board of executive directors, BASF SE. With this investment, BASF aims to ensure high supply security for its customers and meet growing global demand.
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