Business Expansion Booms Statewide

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BASF Investing $780 Million in Geismar Complex

Expansion doubles output, adds specialty chemicals production

BASF Investing $780 Million in Geismar Complex

Counting all three expansion phases and other site investments, BASF will retain more than 1,000 existing jobs and create 37 new direct jobs at its MDI facility in Geismar. (BASF photo)

With its $1 billion Ascension Parish expansion entering its third and final construction phase, BASF announced a final investment decision of $780 million to complete the project, which will double chemical manufacturing capacity in Geismar. 

Counting all three expansion phases and other site investments, BASF is retaining more than 1,000 existing jobs and adding 37 new direct jobs with average annual salaries from $86,600 to $105,600 per year. LED estimates that the total project plan will result in 147 new indirect jobs, for a total of 184 new jobs in the Capital Region.

Upon completion, BASF’s Geismar Verbund site will produce 600,000 metric tons of methylene diphenyl diisocyanate (MDI) per year. MDI is an important component for polyurethanes, a versatile, lightweight plastic material used for insulation and a variety of other industrial and consumer products. The expanded facility will utilize cutting-edge technology that combines the highest safety standards with advanced digitalization. 

BASF is expected to utilize the Industrial Tax Exemption and Quality Jobs programs. Construction is underway and expected to be complete by mid-2025.