BASF Electronic Materials to set up new production plant in Shanghai

02-Jun-2006

BASF Electronic Materials will invest EUR4 million in establishing a new plant in Shanghai, China, for the purification and mixing of electronic chemicals (solvents and etchants). The new plant will begin production in the third quarter of 2006 and will serve local customers within the rapidly growing market for the manufacturing of integrated circuits.

By 2010, BASF Group aims to achieve 70 percent of sales in the chemicals businesses in Asia Pacific from locally produced products.

The plant includes production facilities, a warehouse, administration and marketing offices as well as a laboratory. Thirty-three people will be employed at the plant.

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