BASF launches $10B Verbund project in Zhanjiang, China
BASF officially launched its smart Verbund project in Zhanjiang, China, and commenced building first plants. The $10 billion investment will produce engineering plastics and TPU, with first plants starting by 2022.
Capacity
60000 metric tons per year (engineering plastics compounding)
Productsengineering plasticsthermoplastic polyurethane (TPU)
“BASF officially launched its smart Verbund project in Zhanjiang, Guangdong province, China, and commenced building its first plants.”basf.com
- 3 sources
- basf.comBASF commences its smart Verbund project in Zhanjiang, ChinaNov 22, 2019
- reuters.comGermany's BASF starts building $10-billion petrochemical project in ChinaNov 23, 2019
- echemi.comThe first wholly foreign-owned project in heavy chemical industry | ECHEMIDec 2, 2019
Summarized from public sources; check the original articles before acting on it.