# BASF and Red Avenue New Materials Group to produce PBAT in Shanghai

BASF and Red Avenue New Materials Group signed a joint agreement for Red Avenue to build a 60,000 metric tons PBAT plant in Shanghai using BASF's process technology. Production will start in 2022.

- Type: Partnership
- Announced: 2020-05-28
- Where: Shanghai, China
- Status: announced
- Capacity: 60,000 metric tons per year
- Products: certified compostable co-polyester (PBAT)
- 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) (partner)
- [Red Avenue New Materials Group](https://endata.com/companies/47497.md) (partner)

## Sources

- [basf.com](https://www.basf.com/my/en/media/news-releases/global/2020/05/p-20-205), 2020-05-27: "BASF and Red Avenue New Materials Group have signed a joint agreement that grants Red Avenue New Materials Group the license to produce and sell certified compostable aliphatic-aromatic co-polyester (PBAT) according to high BASF quality standards."

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