BASF announces the start of production of another plant in Shanghai

Recently, BASF announced that its multifunctional fuel additive production plant is in Shanghai to meet the growing demand for fuel additives in the Asian market, providing local customers with stronger supply chain assurance and greater flexibility

The new production plant, located at BASF's Pudong Science and Technology Innovation Park in Shanghai, is the latest part of BASF's global fuel additive production network and strengthens BASF's local production footprint

BASF's high-efficiency fuel additive KEROPUR® range has a strong reputation in the market for maximizing engine cleanliness, improving fuel economy and reducing emissions

BASF said that with the growing use of multifunctional fuel additives in the Asian market and increasing consumer interest in cleaner, more efficient products, the fuel additives market in Asia is expected to grow at a compound annual growth rate of more than 4%

In addition to the good news from BASF's Shanghai installation, its integrated base in Zhanjiang, Guangdong Province, has also made frequent moves, and it can be said that BASF is currently vigorously cultivating the Chinese market

On September 15, China Chemical Engineering Co.

According to the agreement, the two sides will give full play to their respective advantages in accordance with the principle of mutual benefit, jointly build a close-knit cooperation mechanism, jointly promote the construction of BASF's Zhanjiang integrated base project, work together for the early completion of the base, and lay a solid foundation

China Chemical has maintained a good cooperative relationship with the BASF Group, and China Chemical has provided all-round support

With a total investment of approximately EUR 10 billion (by 2030), BASF's Verbund Zhanjiang site project is the largest single investment in

According to Lin Hanping, senior vice president of BASF's new all-in-one base in China and general manager of BASF All-in-One Base (Guangdong) Co.