It said the expansion would come onstream in early 2018 while the new plant would go into operation in 2021.
"It will be the first world-scale ibuprofen plant in Europe," board member Markus Kamieth said in a statement. "With this investment, BASF aims to ensure high supply security for its customers and meet growing global demand," BASF said.
(Reporting by Georgina Prodhan; Editing by Kirsti Knolle)