BASF is expanding and modernizing its production facility for its Koresin branded phenolic resin at its Ludwigshafen Verbund site. The company will increase the product capacity by 50%. As a key measure, a second production line is being built and is scheduled to start operations in 2014. Used as a tackifier, Koresin plays a key role mainly in premium tire manufacturing processes.
“We are modernizing and expanding our Koresin facility to meet our customers’ increasing demand also in the future,” said Dr. Axel Kistenmacher, business manager rubber intermediates, BASF Intermediates Division. “We are additionally improving supply reliability by setting up a second production line.”