BASF
Piling work begins at EUR 10 bn China “Verbund” complex
 BASF’s third largest production site worldwide is being built in the Chinese province of Guangdong (Photo: BASF) |
BASF (Ludwigshafen / Germany; www.basf.com) has started piling work at its new USD 10 bn (EUR 8.9 bn) engineering thermoplastics and thermoplastic polyurethanes (TPU) project in Zhanjiang, Guangdong / China – the company’s largest investment to date. Haryono Lim, senior VP for the new “Verbund” site, said the group is confident that it will bring the first batch of “made in Zhanjiang” products to the market by the end of 2022 as planned.
The new plant for compounding polyamide and PBT will add 60,000 t/y of capacity, raising BASF’s total capacity for these materials in the Asia-Pacific region to 290,000 t/y. The new capacities will be supplied to growth industries such as electronics and new energy vehicles (NEVs).
Groundbreaking work on the project, which includes a steam cracker and various downstream plants, started in November 2019 (see Plasteurope.com of 28.11.2019). The complex in the port city of Zhanjiang is expected to be fully operational in 2030.
The new plant for compounding polyamide and PBT will add 60,000 t/y of capacity, raising BASF’s total capacity for these materials in the Asia-Pacific region to 290,000 t/y. The new capacities will be supplied to growth industries such as electronics and new energy vehicles (NEVs).
Groundbreaking work on the project, which includes a steam cracker and various downstream plants, started in November 2019 (see Plasteurope.com of 28.11.2019). The complex in the port city of Zhanjiang is expected to be fully operational in 2030.
10.06.2020 Plasteurope.com [245255-0]
Published on 10.06.2020
German version of this article...