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2008 Ron Paul Chapter 44

Not linked on Ron Paul’s Congressional website.

Congressional Record [.PDF]

10 July 2008

Thursday, July 10, 2008

2008 Ron Paul 44:1
Mr. PAUL. Madam Speaker, 2008 marks the 50th anniversary of the opening of the BASF Corporation’s Freeport, Texas facility. Freeport is located in Brazoria County in my congressional district. I am pleased to take this opportunity to congratulate the management and employees of BASF Freeport on 50 great years, and thank the people of BASF Freeport for their contributions to Freeport’s economy.

2008 Ron Paul 44:2
The story of the BASF Freeport began when the owners of BASF Overzee N.V., a subsidiary of Badische Anilin-& Soda Fabrik A. G. (BASF), Ludwigshafen, Germany, and the Dow Chemical Company, Midland, Michigan, agreed to form Dow Badische Chemical Company. Dow Badische was endowed with the chemical process technology of the European parent as well as the managerial and marketing knowledge of their U.S. parent.

2008 Ron Paul 44:3
The new company chose a site adjacent to Dow Chemical’s Texas Division of Freeport, Texas for its initial production. In December of 1959 the plant began producing Acrylic Acid and Acrylic Esters. In 1960 and 1961 the plants added production units for butanol and caprolactam.

2008 Ron Paul 44:4
Through the years, the BASF facility experienced tremendous increases in its capacity as well as in the number of production plants and employees that comprise the BASF Freeport workforce. For example, in 1967 BASF built a continuous butyl acrylate plant, while a new caprolactam complex was completed in 1968; and a new oxo alcohol facility was completed in 1970, adding 2-Ethylhexanol to the product line.

2008 Ron Paul 44:5
BASF acquired 100 percent ownership of Dow Badische in 1978. Soon after the change in ownership took place, two new chemical plants were constructed in Freeport, one an acrylic acid facility and the other a neopentyl glycol facility. Further significant expansions have included two acrylic monomers plants, an expansion to the polycaprolactam unit and most recently a new superabsorbent polymer plant.

2008 Ron Paul 44:6
In addition to its contributions to Brazoria County’s economy, BASF has improved the life of the residents of Brazoria County through its steadfast support of numerous civic organizations. BASF has also earned the trust of its neighbors by making every effort to observe basic principles of safety and environmental performance in all its operations.

2008 Ron Paul 44:7
BASF Freeport’s success is due to the commitment, hard work and innovative ability of its employees. I am certain that these same attributes will ensure a continued healthy growth for the company, which will, in turn, continue to benefit all of Brazoria County. It is therefore my pleasure to congratulate BASF Freeport on their 50th anniversary.

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