BASF opens new engineering plastics compounding plant in Shanghai
Annual capacity of 45,000 metric tons
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BASF celebrated the inauguration of its engineering plastics compounding plant at its Pudong site in Shanghai, China. The new facility came on stream in March 2007 and is a world-scale plant with an annual capacity of 45,000 metric tons. According to the company, it is one of the most modern compounding plants in the world today, with the highest environmental standards and the most efficient production capabilities available.
"We have ambitious targets in Asia Pacific: by 2010, we aim to achieve 20 percent of our group sales and earnings in the chemicals businesses in Asia Pacific; 70 percent of those sales are to come from local production," said Dr. Martin Brudermüller, member of the Board of Executive Directors of BASF Aktiengesellschaft, responsible for Asia. "This new plant will make a powerful contribution to these targets."
Alongside this new plant in Shanghai, BASF has similar compounding facilities in Malaysia and Korea, which are part of BASF's global network of engineering plastics and compounding plants. This network covers other countries in Europe, North and Central America. With the new plant, BASF's total compounding capacity in Asia exceeds 100,000 metric tons per annum.
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