BASF Strengthens Performance Materials Production in China
OREANDA-NEWS. BASF, the world’s leading chemical company, has undertaken three key capacity expansion projects for performance materials at its Pudong site in Shanghai: Ultramid® (polyamide, PA), Ultradur® (polybutylene terephthalate, PBT), Elastollan® thermoplastics polyurethane elastomers (TPU), and Technical Center and capacity expansion of Cellasto® (microcellular polyurethane components).
“More than 60% of China’s people will live in cities by 2020. Supporting an environmentally-friendly path for urbanization presents a huge opportunity for chemistry as an enabler for sustainable innovations in areas ranging from industrial manufacturing to construction, transportation and consumer goods,” said Albert Heuser, President, Greater China and Functions Asia Pacific, BASF.
“As the leading producer of polyamide, PBT, TPU and Cellasto®, and preferred business partner for our customers , we continuously strengthen our position in key markets. With our technical and engineering competence, we help our customers differentiate in their market s and gain a competitive advantage. We put a strong emphasis on new market and product development, and these capacity expansions will support this future growth,” said Raimar Jahn, President, Performance Materials, BASF.
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