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SHANGHAI, CHINA: BASF is building a new Ultramid polymerization plant with a capacity of 100,000 metric tonne per year in Shanghai, China. The new plant is expected to start operations in 2015. The plant will be built at the Shanghai Chemical Industry Park which is also home to a world scale facility for integrated isocyanates, operated by BASF and partners.
“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 per cent 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,” said Dr Albert Heuser, President and Chairman, Greater China and Functions Asia Pacific, BASF.
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