# 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.

- Type: New facility
- Announced: 2019-11-23
- Where: Zhanjiang, Guangdong, China, China
- Value: $10.0B
- Starts operating: 2022
- Status: under construction
- Capacity: 60000 metric tons per year (engineering plastics compounding)
- Products: engineering plastics, thermoplastic polyurethane (TPU)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [BASF](https://endata.com/companies/298.md)

## Sources

- [basf.com](https://www.basf.com/global/en/media/news-releases/2019/11/p-19-403), 2019-11-22: "BASF officially launched its smart Verbund project in Zhanjiang, Guangdong province, China, and commenced building its first plants."
- [reuters.com](https://www.reuters.com/article/business/germanys-basf-starts-building-10-billion-petrochemical-project-in-china-idUSKBN1XX06T/), 2019-11-23: "German chemical giant BASF has begun construction of its $10-billion integrated petrochemicals project in China's southern province of Guangdong."
- [echemi.com](https://www.echemi.com/cms/81948.html), 2019-12-02: "By adopting cutting-edge technology and following the highest safety standards, the new integrated base will become a model of sustainable production and help the development of China's circular economy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.