BASF Opens New Construction Chemicals Facility in India

India: BASF, a Germany based global chemicals giant, has inaugurated a concrete admixtures manufacturing facility at Kharagpur, West Bengal. This new facility marks BASF’s sixth construction chemicals plant in India and would enable the company to cater the growing demand for construction chemicals in the Eastern India owing to the close proximity to Kolkata, Bihar and Odisha. The concrete admixtures products which would be manufactured at this facility would include product ranges such as, MasterPel®, MasterRheobuild®, MasterGlenium® and MasterPolyheed®. Additionally, underground construction chemical solutions, such as MasterRoc®, would also be produced at this facility.

TechSci Research depicts that commencement of this new facility in Kharagpur by BASF would complement the existing construction chemicals plants of the company located at Nalagarh. Thane, Turbhe, Mangalore and Nellore, thereby strengthening the position of the company in the India construction chemicals market.

According to a recent report published by TechSci Research, “India Construction Chemicals Market By Type, By Application and Competition Forecast and Opportunities, 2010 – 2020”, construction chemical market in India is projected to grow at a CAGR of over 15% during 2015-2020, due to increasing construction activities and rising government and private investments in infrastructure and real estate sectors. In addition, 100% FDI policy of the government in real estate industry is further anticipated to boost growth in India construction chemicals market during 2015 - 2020.