BASF to build Shanghai chemical catalysts plant
12/10/2014 12:00:00 AM
BASF plans to build a new, world-scale chemical catalysts production facility at the company’s existing site in the Shanghai Chemical Industry Park in China, the company announced on Wednesday.
The plant -- BASF’s first process catalysts manufacturing facility in Asia Pacific -- will produce base metal catalysts, custom catalysts, and adsorbents to meet growing Chinese and Asian market demand.
These catalysts are used in the production of fatty alcohols, sulfuric acid and butanediol and for the removal of impurities from olefins.
“The plant we are building in Caojing will provide a strong regional manufacturing base for our business and greatly improved proximity to our customers in Asia Pacific, which is the fastest growing region for our base metal and custom catalysts solutions,” said Dr. Detlef Ruff, BASF's senior vice president for process catalysts and technologies.
“This plant will be highly automated and energy efficient, offering room for additional expansion as well as flexibility to adapt to new customer production requirements in the years to follow," he added.
Construction of the new plant begins this month, with the launch of manufacturing activities planned for the fourth quarter of 2016. Once operating at full capacity, the plant will create 75 new jobs in Shanghai.
“By 2020, BASF aims for local production of approximately 75% of the products we sell in Asia Pacific, in order to intensify our collaboration with and strengthen our supply position to customers in the region," said Dr. Albert Heuser, president and chairman of the Greater China region for BASF.
"To achieve this, together with our partners we are investing €10 billion from 2013-2020 to further develop our local production footprint in Asia Pacific," he added. "BASF’s investment in the Caojing, Shanghai, chemical catalysts plant represents another milestone in the company’s regional growth strategy."
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