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Business News – July 2019

By Gerald Ondrey |

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BASF to build two plants at its new Verbund site in Zhanjiang May 21, 2019 — BASF SE (Ludwigshafen, Germany; www.basf.com) plans to build an engineering plastics compounding plant and a thermoplastic polyurethane (TPU) plant at the company’s proposed integrated chemical production (“Verbund”) site in Zhanjiang, China. These will be the first production plants to come onstream at the site. By 2022, the new engineering-plastics compounding plant will supply an additional capacity of 60,000 metric tons per year (m.t./yr) of BASF engineering plastics compounds in China. This will bring the total BASF capacity of these products in Asia Pacific to 290,000 m.t./yr.
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