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.
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.
