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2008-01-09 Manufacturing
News
BASF expands to meet demand for solvents and plasticizers BASF strengthens its position in the field of plasticizers and plasticizer alcohols with an increase in production capacity for the Asia Pacific region.
To meet a growing demand for solvents and plasticizers BASF announced
today several key initiatives with plans to expand the annual production
capacity of its oxo-C4 plant in Nanjing, China, by 55,000 metric tons
to 305,000 metric tons by the fourth quarter of 2008. This move will ensure
reliable supplies of the precursor alcohols n-butanol and 2-ethylhexanol.
In Asia, and in China especially, demand for plasticizers is expected
to grow by 4 to 5 percent per year through to 2015. “This is a sign of the times – China in particular and Asia Pacific in general are the markets of today and the future for chemicals,” said Johnny Kwan, Chairman of the BASF Greater China Country Board. “Our state-of-the-art laboratory will provide our customers in the region with the innovations they need to be successful.” “Debottlenecking the oxo-C4 plant prior to the launch of our expansion plans for our other facilities at the Nanjing site is crucial for our customers,” said Dr. Albert Heuser, President of BASF’s Petrochemicals division. “We will be able to meet rapidly growing demand in Asia, particularly in China, which accounts for about half of the demand for oxo-alcohols in the region. With the introduction of a technical service center in Shanghai and the expansion of our production capacity in Nanjing as well as that of our established facilities in Europe and the United States, BASF is strengthening its position as a leading global player in the field of plasticizers and plasticizer alcohols.” Plasticizers provide flexibility to normally rigid and brittle PVC, thereby
opening up a large number of applications in consumer goods. Plasticizers
are essential in the production of numerous everyday products including
flooring, cable insulation, toys and cling
film. BASF is one of the world’s leading producers of plasticizers
with a production capacity of more than 500,000 tons per year. It offers
its customers the widest range of standard and specialty products to meet
their individual requirements. See all the Press Releases from BASF sites - Click Here Read a recent press release about -
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