23 January 2019
DETAILS
BASF today inaugurated
a new, world-scale antioxidants manufacturing plant
at its Caojing site in Shanghai, China.
With an annual capacity of 42,000 tons,
the plant will produce antioxidants
and associated forms and blends
for the plastic additives market.
The units for powder blending, liquid antioxidants
and formgiving are now operational
as part of the plant’s first phase.
Located at BASF’s Caojing site
in the Shanghai Chemical Industry Park,
the new plant will benefit from its proximity
to BASF’s regional research and development center
in Shanghai;
a hub that provides technical support
to polymer producers across the region.
Importance of antioxidants
Antioxidants help prevent thermal oxidation reactions
when plastics are processed at high temperatures.
Oxidation can cause the loss of impact strength,
elongation, surface cracks
and discoloration of the material.
Almost all polymer materials undergo
oxidative degradation reactions
at one or all of the manufacturing,
processing and end-use stages.
BASF runs a global production network
and is the only supplier of plastic additives
with production sites in
Asia, Europe, North America and the Middle East.
Dr. Markus Kamieth,
Member of the Board of Directors, BASF SE
“With this investment, we strengthen our position
as the leading global supplier of antioxidants,”
“Asia is the world’s largest antioxidants market
and China accounts for almost 65% of the market in Asia.
We expect the market will show
attractive growth rates in the medium to long term.”
Dr. Stephan Kothrade,
President, Functions Asia Pacific,
President and Chairman Greater China, BASF
“BASF wants to be the leading chemicals supplier
for our customers,”
“By investing in advanced production plants in China,
we want to anticipate and fulfill our customers’ needs
even better.
We will combine our unique expertise
in the chemical industry with our customers’ competencies,
and jointly develop solutions
that are both profitable and responsible.”
Media Relations
Ian de Souza
Phone: +852 27314816
Ian.desouza@basf.com
WWW.CHEMWINFO.COM BY KHUN PHICHAI
