Restricted demand is compelling Germany’s BASF to review the timing of start up of a new plant in southwestern China. BASF had plans to construct a 400,000 tpa MDI plant in Chongqoing, with startup slated for 2010, at an estimated investment of US$4.5 bln. Global demand for MDI is expected to shrink in 2009, with declining automotive and construction sectors. Start up date will be scheduled after assessment of the current MDI market situation.
06-May-09 
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