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BASF opens new polyurethanes specialties site in Shanghai, China

Published on 2007-06-14. Author : SpecialChem

BASF celebrated the inauguration of its new polyurethanes specialties site in Pudong, Shanghai. The site operates under the name BASF Polyurethanes Specialties (China) Co. Ltd. and comprises a polyurethane system house, a Technical Research & Development Center and a production plant for thermoplastic polyurethanes (TPU).

"Our local customers are set to benefit from closer support on new applications technology, shorter delivery times and a higher level of technical service," said Dr. John Feldmann, Member of the Board of Executive Directors of BASF Aktiengesellschaft, responsible for the Plastics as well as Oil & Gas segments.

The new site will use cost advantages provided by the regional production Verbund for polyurethanes: MDI (diphenylmethane diisocyanate) and TDI (toluene diisocyanate) – basic materials needed to produce specialties in Pudong – will be supplied from Caojing, Shanghai. BASF and partners invested $1 billion in an integrated isocyanates complex in Caojing, which started up in mid-2006. BASF opened its first Chinese polyurethane system house in the 1990s in Nansha, South China, and has in the meantime more than 30 system houses globally, eight of which are in Asia Pacific.

China's polyurethanes market is expected to grow at about 10 percent per year until 2015, becoming the world's largest market for polyurethanes. In particular, product innovations will contribute to this above-average growth.

"With this new investment, BASF moves closer to its customers in China. We at BASF have always been committed to bringing our latest technology and R&D expertise to Asia. The opening of this innovative site clearly underlines this strategy", said Dr. Martin Brudermüller, Member of the Board of Executive Directors, BASF Aktiengesellschaft, responsible for Asia Pacific. "With our innovative products, we offer tailor made solutions that help our customers to be more successful."

Polyurethanes are versatile plastics with a huge range of applications; their properties can be customized to suit individual uses. Polyurethane products are used in the automotive industry, for thermal insulation in construction and refrigeration technology, in the electronics industry, in the manufacture of shoes and furniture, and in sports and leisure articles.

TPU is a versatile type of plastic that can be processed in a number of different ways for specific applications. They are characterized by their high elasticity and durability and are used, for example, in the soles of sports shoes and in cable sheathings. The new TPU plant will supply China and a large proportion of the Asian market. Other BASF production facilities for TPU are in Lemförde, Germany; Yokkaichi, Japan; and Wyandotte, USA.

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. As a reliable partner to virtually all industries, BASF's high-value products and intelligent system solutions help its customers to be more successful. BASF develops new technologies and uses them to meet the challenges of the future and open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future. BASF has approximately 95,000 employees and posted sales of €52.6 billion in 2006. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA), New York (BF) and Zurich (AN).

Source: BASF


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