BASF to set up plastic additives plant in Shanghai

The plant, with a capacity of 42,000 tonnes per annum, will produce antioxidants

BASF to invest Euro 200 mn to increase global plastic additives capacity

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BS B2B Bureau Shanghai, China

Last Updated : Mar 16 2017 | 3:36 PM IST

As part of its strategy (announced in November 2016) to invest more than € 200 million globally to increase its plastic additives production, BASF will build a new plastic additives plant at its Caojing site in Shanghai, China. The plant, with an annual capacity of 42,000 tonnes, will produce antioxidants and associated forms and blends. It is expected to be completed in 2019, with commercial production to start by early 2020.

ALSO READ: BASF to invest Euro 200 mn to increase global plastic additives capacity

“Asia, and particularly the Chinese market, offer significant growth opportunities, driven by diverse

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