IPP has entered into an agreement with BASF to market facilities at the Verbund site in Ludwigshafen, Germany

IPP has entered into an agreement with BASF to market facilities at the Verbund site in Ludwigshafen, Germany

Ludwigshafen, Germany; Princeton Junction, New Jersey, USA – BASF and International Process Plants (IPP), a global leader in the acquisition and sale of process plants and equipment, have reached an agreement to market ammonia, methanol and melamine plants, it was announced today, May 6, 2024.

The facilities are located at BASF’s Verbund site in Ludwigshafen, Germany. This partnership aligns with BASF’s structural measures announced in February 2023 to enhance competitiveness in the evolving European market.

The agreement encompasses the integrated production assets for ammonia (380,000 metric tons/year), methanol (165,000 metric tons/year) and melamine (51,000 metric tons/year). These state-of-the-art facilities are now available for relocation and sale to qualified buyers seeking to minimize capex and expedite project execution.

Ronald Gale, President of International Process Plants, said “these world-class ammonia, methanol and melamine plants represent a significant opportunity for companies looking to expand their production capacity with highly efficient existing assets.

“IPP is dedicated to relocating these assets to areas with sufficient and economic gas supply or integrating them into green ammonia or methanol projects for continued efficient and productive operation.”

The ammonia plant boasts a production capacity of 380,000 metric tons/year, consuming 0.97 Tm3 of natural gas per ton of ammonia. The melamine plant, with a capacity of 51,000 metric tons/year, utilizes 2.6 tons of urea crystal per ton of melamine and requires only 0.27 Tm3 of natural gas per ton of melamine. The methanol unit features a synthesis loop suitable for green methanol projects with available green feedstocks.

Ruediger von Watzdorf, Senior Vice President Technology, BASF Monomers division, said “the sale supports a more sustainable and economic approach to deploying these production units, benefiting the global process industry.”

About International Process Plants: IPP specializes in creating sustainable lifecycles for manufacturing assets, offering complete plant sites, process units/systems, and used, new, and rebuilt major pieces of process equipment. With offices in 14 countries, IPP helps manufacturers save time and money by providing readily available assets to enhance their capabilities. Over 160,000 customers worldwide rely on IPP’s consultative approach to deliver solutions quickly and cost-effectively. IPP’s holdings include 17 complete plant sites, 110 plants for relocation, and 15,000 equipment process systems and major pieces of equipment.

(Read the full BASF press release here).

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