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.

10.06.2020 Plasteurope.com [245255-0]
Published on 10.06.2020
BASF: Baubeginn für die größte Investition aller ZeitenGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 07.11.2024 08:35:21   (Ref: 560578794)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp