Investments1
- Investments of around €4.2 billion planned for 2016
The bulk of our spending in 2015 was on major facilities that started operations during the reporting period, such as parts of the TDI production complex in Ludwigshafen, Germany; production plants for acrylic acid and superabsorbents in Camaçari, Brazil; and an MDI plant in Chongqing, China. We have planned capital expenditures totaling €19.5 billion for the period from 2016 to 2020 and will invest more than a quarter of this amount in emerging markets.
Projects currently being planned or underway include:
Capital expenditures: Selected major projects |
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Location |
|
Project |
|---|---|---|
Antwerp, Belgium |
|
Modification for new superabsorbent technology platform |
Beaumont, Texas |
|
Expansion: dicamba and dimethenamid-P |
Caojing, China |
|
Construction: automotive coatings |
|
|
Construction: chemical catalysts |
Geismar, Louisiana |
|
Expansion: butanediol |
Kuantan, Malaysia |
|
Construction: aroma chemicals |
|
|
Construction: polyisobutene |
|
|
Construction: 2-ethylhexanoic acid |
Rayong, Thailand |
|
Construction: mobile emissions catalysts |
Schwarzheide, Germany |
|
Capacity expansion: compounding plant for Ultramid® and Ultradur® |
In the Oil & Gas segment, our currently planned investments of around €4.8 billion between 2016 and 2020 will focus mainly on the development of proven gas and oil deposits in Argentina, Norway and Russia. The actual amount of expenditure will depend on oil and gas price developments and be reduced as needed.
For 2016, we plan total investments of around €4.2 billion, particularly for the major projects in the countries listed above.
1 Excluding additions to property, plant and equipment from acquisitions, capitalized exploration, restoration obligations and IT investments
Capital expenditures by segment, 2016–2020
Capital expenditures by region, 2016–2020
