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BASF expands capacity for advanced additives in China

November 20/2020

MOSCOW (MRC) -- BASF has increased its production capacity for advanced additives at its wholly-owned site in Nanjing, China, said the company.

The new asset with state-of-the-art technologies will allow BASF to produce high molecular weight dispersing agents, slip and leveling agents and other additives locally for Asian markets.

"The demand for additives in Asia Pacific is growing fast. It is important to have advanced production facilities in the region to support this development. Our investments in Asia Pacific will continue to strengthen our technical capabilities to better support our customers and grow with them together, said Dr. Claus Dallner, Vice President of Global Business Management Performance & Formulation Additives, BASF.

This expansion demonstrates our swift response to the growing market demand. Our customers will benefit from our enhanced local presence, operational efficiency and supply reliability, said Dr. Stephan Kothrade, President and Chairman Greater China, BASF.

Strategically located in the logistic hub, this new facility will enable BASF to serve customers across end-use industries, including coatings, adhesives, printings, and composites. Along with shortened delivery time, this expansion will also help customers and suppliers reduce carbon emissions and ease logistics arrangements. BASF values sustainability and therefore implements the most advanced automation and state-of-the-art technologies for operational efficiency and safety enhancement. The BASF Nanjing site has been in operation since 2013, producing additives for customers across Asia. It is a zero liquid discharge site which produces off-gas emissions that comply with increasingly stringent environmental regulations in China.

As MRC informed earlier, BASF and Petronas were considering jointly investing around EUR1bn (USD1.34bn) to produce specialty chemicals in Malaysia.

However, Petronas and German chemical company BASF said they had scrapped a proposed joint venture to develop a specialty chemicals production facility in Malaysia. The proposed partnership was terminated because both parties couldn't agree on the "terms and conditions" for the project in the southern state of Johor, the companies said in a joint statement.

As MRC informed earlier, BASF had put a project to build a petrochemicals complex in India worth up to USD4 billion on hold due to the economic uncertainty caused by the COVID-19 pandemic.

We remind that Russia's output of chemical products rose in September 2020 by 6.7% year on year. At the same time, production of basic chemicals increased by 6.1% year on year in the first nine months of 2020, according to Rosstat's data. According to the Federal State Statistics Service of the Russian Federation, polymers in primary form accounted for the greatest increase in the January-September output. Last month's production of primary polymers decreased to 852,000 tonnes from 888,000 tonnes in August due to shutdowns in Tomsk, Ufa and Kazan. Overall output of polymers in primary form totalled 7,480,000 tonnes over the stated period, up by 16.4%  year on year.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, neftegaz, petrochemistry, BASF.
Category:General News
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