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BASF has formed a strategic alliance with Zhejiang Guanghua Technology (KHUA) to supply neopentyl glycol (NPG) from its Zhanjiang Verbund site. BASF is building an 80,000 metric ton per year NPG plant expected to be operational in Q4 2025.
BASF signed a Letter of Intent to supply Neopentyl Glycol from its Zhanjiang Verbund site to KHUA, which is planning a 100 KT/a powder coatings resin plant in Zhanjiang.