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Comment Business & Economics

BASF to build a new plant for high-performance Ultramid in China  

By Gerald Ondrey |

BASF SE (Ludwigshafen, Germany; www.basf.com) is building a new Ultramid polymerization plant with a capacity of 100,000 metric tons (m.t.) per year in Shanghai, China. The new plant is planned to start up in 2015. “As part of our long-term strategy, we aim to locate production close to our customers in the Asia Pacific region, so that we can better support their growth, operate more efficiently and collaborate more closely. BASF intends to grow two percentage points above the market in Asia Pacific and maintain our commitment to environmental protection as well as ensuring a positive contribution to society for a sustainable future,” says Albert Heuser, president and chairman Greater China and Functions Asia Pacific. “The demand for polyamide products in the engineering plastics, fiber and film industries will grow strongly, particularly in China,” says Hermann Althoff, senior vice president of the Global Polyamide and Intermediates Business Unit. “The investment enables us to participate in this growth and supply our Asian customers with locally manufactured high performance products.” The BASF wholly-owned plant will be built at the Shanghai Chemical Industry Park in Caojing, which is also home…
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