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BASF launches engineering projects in Shanghai

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Staff writer ▼ | June 20, 2014
BASF initiated its three key capacity expansion projects for performance materials at the Pudong site in Shanghai.
BASF China
BASF ChinaBASF initiated its three key capacity expansion projects for performance materials at the Pudong site in Shanghai.


The three projects aim to produce more engineering plastics and materials for the transportation, construction, high speed railway, textile, footwear and automobiles industries. The Chinese market is big with great potential, which generated $71.1 billion worth of chemicals in 2013, accounting for 60 percent of the whole Asian market.

BASF estimates that the Asia-Pacific market for engineering plastics will grow on average by about 7 percent per year. This growth is driven by the increasing use of engineering plastics in various segments, including transportation, construction, high-speed railway, and the electrical and electronics industries.

Its capacity for Ultramid and Ultradur, two materials used in automotive parts and innovative applications, will double from the 45,000 tons currently to more than 100,000 tons per year, making it BASF's biggest engineering plastics compounding facility in Asia Pacific, said Raimar Jahn, president of BASF Performance Materials.

With this project and the new compounding plant in Yesan, Korea, which is expected to begin operations at end of 2015, BASF's overall compounding capacities in Asia will increase from the current 130,000 tons to a total of 225,000 tons.


 

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