BASF invests in capacity expansion of Basoflux® range of paraffin inhibitors in Tarragona, Spain.
BASF plans to expand the global production capacity of its Basoflux® range of paraffin inhibitors at its site in Tarragona, Spain. This investment will enable BASF’s Oilfield Chemicals business to meet the current and future demand of novel paraffin inhibitors for the Oil & Gas industry. Additional assets will create efficiencies and flexibility in the production of newly developed solutions, such as more sustainable aqueous-based dispersion paraffin inhibitors and solvent-based products. This plant expansion will also enable BASF to act swiftly to on-demand changes in the market. First customer deliveries are expected for the beginning of 2025.
“Through continuous innovation and investments, BASF reinforces its commitment to being a key player in the paraffin inhibitors market,” said Serge Ikink, New Business Development Manager Oilfield Chemicals, BASF. “We are successfully addressing a true market need with our innovative aqueous-based dispersion paraffin inhibitors. From a product standpoint, Basoflux are high-performing products that bring robust reliability in the application, which has led to customer trust even in the most challenging environments.”
Crude oil will continue to be in demand for years to come. As ‘easy oil’ is depleted in many locations, more ‘challenging oil’ needs to be produced. This will lead to an increased need to produce paraffinic crudes, requiring more effective chemistries to maximize the oil flow. BASF works closely with its customers to create fit-for-purpose (F4P) chemistries to support and enable more efficient oil production.
The new Basoflux dispersions produced at BASF’s site in Tarragona will enable its customers to be more sustainable by using much less solvent than usual at lower temperatures. This will lead to cost savings and resource efficiency as less product is used overall.
About BASF Oilfield Chemicals
The global business unit Oilfield Chemicals is a leading supplier of a wide range of high-quality chemicals for oilfield applications, including drilling, cementing, stimulation, production additives, and enhanced oil recovery (EOR). Our solutions enable customers to maximize value in their oilfield operations and increase the overall efficiency of the well in a large variety of field conditions. More information is available at www.oilfield-chemicals.basf.com
BASF Oilfield Chemicals is part of BASF’s Performance Chemicals division. The division’s portfolio also includes Fuel and Lubricant Solutions, as well as Plastic Additives and Mining Solutions. Customers from a variety of industries including Chemicals, Plastics, Consumer Goods, Energy & Resources, and Automotive & Transportation benefit from our innovative solutions.
Categories
Investments
2023-01-01
at BASF Tarragona (ES) Investment detailsCountries
Companies
Latest news
NEXTCHEM awarded a feasibility study by Mana Group and Equinor for the production of sustainable fuels in Norway leveraging its NX Circular™ technology
With the support of NEXTCHEM, Mana (NG Nordic) and Equinor are entering an early-stage strategic partnership to explore the potential development of the Nordics' first large-scale waste-to-methanol...
A circular economy pioneer
REMONDIS' Lippe Plant →Founded back in 1991, RETERRA has transformed itself from a regional composting business into a nationwide biomass management specialist.
ECLUSE Scheldt Tunnel Completed: Belgium’s longest microtunnel is now a reality
Port Of Antwerp →Work on extending the ECLUSE steam network from the left to the right bank of the Scheldt has reached a major milestone. The tunnel that will carry the pipelines beneath the river has now been comp...
PureCycle Receives REACH Certification, Unlocking EU Sales of PureFive™ Resin
Port Of Antwerp →PureCycle Technologies has received the REACH Certificate of Compliance, allowing the Company to sell PureFive™ resin to customers in the European Union. PureCycle has plans to build its first Euro...
