BASF is attending to build a brand new plastic additives plant at its Caojing site in Shanghai, China.
The decision is an element of its decide to invest quite €200m globally to extend its production network for plastic additives, that was declared in november last year.
The company explained that its new plant with 42,000t annual production capability can manufacture antioxidants and associated forms and blends.
Antioxidants facilitate stop thermal oxidization reactions once plastics are processed at terribly high-temperatures and light-weight-assisted oxidization once plastics are exposed to ultraviolet (UV) light.
Oxidation will cause loss of impact strength, elongation, surface cracks and discoloration of the material.
BASF Asia Pacific performance chemicals unit senior vice-president Hermann Althoff said: “Asia, and significantly the Chinese market, supply vital growth opportunities, driven by various applications together with packaging, construction, commodity, automotive and lots of a lot of.
“The plant are designed to achieve high environmental standards and have one in all the foremost economical production processes.
“Located among the Caojing complex, it’ll conjointly take pleasure in its proximity to our regional application centre in Shanghai that gives technical support to chemical compound producers and to the changing business among the region.”
Construction of the new plant is anticipated to be complete by 2019 and can begin its business production operations by early 2020.
BASF is according to be the sole provider of plastic additives and runs a worldwide production network with production sites in Asia, Europe, North America and also the geographic region.