BASF builds chemical catalysts manufacturing plant in Shanghai
These catalysts are used in the production of fatty alcohols, sulfuric acid and butanediol and for the removal of impurities from olefins
BS B2B Bureau B2B Connect | Shanghai, China
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BASF produces various types of chemical catalysts
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.
“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, senior vice president, process catalysts & technologies, BASF.
“By 2020, BASF aims for local production of approximately 75 percent 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. To achieve this, together with our partners we are investing Euro 10 billion from 2013-2020 to further develop our local production footprint in Asia Pacific. BASF’s investment in the Caojing, Shanghai, chemical catalysts plant represents another milestone in the company’s regional growth strategy,” said Dr Albert Heuser, President Functions Asia Pacific, President and Chairman Greater China, BASF.
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First Published: Dec 11 2014 | 5:46 PM IST

