BASF breaks ground for new polyacrylate polymers plant in Shanghai

20/03/2007

German chemicals company BASF broke ground for two new plants in Pudong, near Shanghai in China on March 20. One plant will manufacture polyacrylate polymers, whilst the other will produce specialty chemicals for leather tanning.
The two facilities, which will be located next to BASF’s existing facilities for polyacrylate polymers and leather chemicals in Pudong, are expected to be completed in the first quarter of 2008.

The polyacrylate polymers plant will have a minimum capacity of 30,000 metric tons per year, manufacturing the company’s Sokalan synthetic water-soluble polymers used in the laundry, paper, water treatment and textile industries. A spray dryer with a capacity of 10,000 metric tons per year will also be part of the investment.

“The chemical market in Asia Pacific is the world’s largest and is expected to grow 4% to 4.5% annually through 2015. Our new manufacturing facilities in Shanghai give us an excellent competitive edge to participate in the rapid growth of the chemical industry in the region,” said Dr Wolfgang Hapke, president of Market and Business Development, BASF Asia Pacific. “We are now moving even closer to our goal of achieving 20% of group sales in the chemicals businesses in Asia Pacific by 2010, with 70% coming from local production.”