13 September 2013

BASF to invest $42 million and create 22 new jobs in Louisiana

Geismar, LA - 12 September 2013 - BASF today announced plans to build a Polyurethane Systems House in Geismar, Louisiana. The $42 million facility will create 22 new jobs and more than 160 construction jobs. BASF will begin construction on the Polyurethane Systems House in the second quarter of 2014 at Geismar. BASF’s manufacturing presence in Louisiana includes operations in Geismar, Zachary and Vidalia, employing nearly 2,000 people in Louisiana.

“Today’s announcement is great news for Ascension Parish and our entire state. BASF continues to be one of the largest economic drivers in Louisiana, investing more than $350 million in projects since 2009,” said Louisiana Governor Bobby Jindal. “The continued success of BASF led to today’s latest expansion, which will allow polyurethane blending to take place right here in Louisiana rather than being shipped out-of-state. Once again, our strong business climate, world-class infrastructure and incomparable workforce are bringing new business investment to Louisiana.”

With 40 system houses in its global network, BASF is the leading provider of polyurethane solutions to the industry. The new facility will develop, serve and manufacture innovative polyurethane systems for a wide range of applications, while also improving reaction speed and service to customer and market needs in North America. 

This Polyurethane Systems House project demonstrates our commitment to the future growth in this region and market,” said Tom Yura, Senior Vice President and General Manager of BASF’s Geismar site. 

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 16,600 employees in North America, and had sales of $18.5 billion in 2012. 

BASF is the world’s leading chemical company. BASF had sales of €72.1 billion in 2012 and more than 110,000 employees as of the end of the year. 

Source: BASF