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calendar 10 May, 2024 16:29:28 IST

BASF to raise production capacity of paraffin inhibitors in Spain

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German chemicals conglomerate, BASF, is set to expand the 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 growing demand for paraffin inhibitors in 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,” the company informed in a press note.

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 next year.

“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,” said Mr. Serge Ikink, New Business Development Manager Oilfield Chemicals, BASF.

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 maximise the oil flow.

BASF said the new Basoflux dispersions produced at 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.

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