# BASF and Red Avenue New Materials to build PBAT plant in Shanghai

BASF and Red Avenue New Materials Group have signed a joint agreement granting Red Avenue a license to produce and sell certified compostable PBAT. Red Avenue will build a 60,000 metric ton PBAT plant in Shanghai using BASF's technology, with production starting in 2022.

- Type: Partnership
- Announced: 2020-05-28
- Where: Shanghai, China
- Status: announced
- Capacity: 60,000 metric tons per year
- Products: compostable co-polyester (PBAT), ecoflex
- 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/fr/fr/media/Communiques-de-presse-France/2020/BASF_RedAvenue), 2020-06-17: "Red Avenue New Materials Group construira une usine de PBAT de 60.000 tonnes métriques à Shanghai, en utilisant la technologie de traitement de BASF en échange de l'accès aux matières premières de cette usine que BASF commercialisera sous le nom d'ecoflex ®."

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