BASF OPENS FIRST PHASE OF THE NEW ANTIOXIDANTS MANUFACTURING PLANT IN SHANGHAI

chemeng online | January 25, 2019

BASF SE inaugurated a new, world-scale antioxidants manufacturing plant at its Caojing site in Shanghai, China. With an annual capacity of 42,000 tons, the plant will produce antioxidants and associated forms and blends for the plastic additives market. The units for powder blending, liquid antioxidants and formgiving are now operational as part of the plant’s first phase. “With this investment, we strengthen our position as the leading global supplier of antioxidants,” says Markus Kamieth, Member of the Board of Directors, BASF SE. “Asia is the world’s largest antioxidants market and China accounts for almost 65% of the market in Asia. We expect the market will show attractive growth rates in the medium to long term.” “BASF wants to be the leading chemicals supplier for our customers,” says Stephan Kothrade, president, Functions Asia Pacific, president and chairman Greater China, BASF. “By investing in advanced production plants in China, we want to anticipate and fulfill our customers’ needs even better. We will combine our unique expertise in the chemical industry with our customers’ competencies, and jointly develop solutions that are both profitable and responsible.”

Spotlight

The strategy on the substitution of hazardous chemicals is also linked to the current general EU priorities around the circular economy, sustainable manufacture and the use of chemicals and ECHA’s forthcoming Strategic Plan for 2019-23. One proposed strategic priority is focussed on the safe and sustainable use of chemicals by industry.

Spotlight

The strategy on the substitution of hazardous chemicals is also linked to the current general EU priorities around the circular economy, sustainable manufacture and the use of chemicals and ECHA’s forthcoming Strategic Plan for 2019-23. One proposed strategic priority is focussed on the safe and sustainable use of chemicals by industry.

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