BASF, in partnership with Cheng Cheng New Materials Group, to produce certified compostable composting copolyesters (PBAT) in China

Ludwigshafen, Germany/Shanghai, China - 28 May 2020 - BASF has signed a joint agreement with Cheng Cheng New Materials group to authorize the production and sale of certified compostable composting copolyesters (PBAts) in accordance with BASF's high-quality standardsTo this end, Cheng Cheng New Materials Group will build a 60,000 metric ton PBAT plant in ShanghaiThe plant will use BASF's process technology and the raw materials produced will be partly sold by BASF as a ® of ecoflexThe new plant will start production in 2022 to supply the biopolymer marketthe global market for certified compost and bio-based plastics is expected to grow at around 15% per yearMany countries are about to introduce new laws and regulations to enforce the use of composting materials in packaging, agricultural film and bag applicationsAs a result, the market is expected to continue to maintain a positive momentum of developmentOlivier Ubrich, head of BASF's global specialty polymers business unit, said: "Following the successful launch of ecoflex® biopolyesters and innovative ecovio ® products, BASF has gained a foothold in this growing marketThis new increase in PBAT will strongly strengthen our market positionCheng Cheng New Materials Group is committed to developing the Chinese market, with a good marketing network and excellent geographical location, and long-term good relations with BASFTherefore, we identify it as our preferred partnerThrough this partnership, both parties will be more effective in meeting customer needs and have greater delivery flexibility"
adhering to the concept of "materials make the world better" concept of development, Cheng Cheng New Materials Group has established "innovative and responsible way to promote the sustainable development of the new materials industry" corporate vision"As a socially responsible company, we are committed to providing the best possible assistance to the upstream and downstream green industry chains and addressing global environmental challenges," said Zhou Jianhui, President of Cheng Cheng New Materials GroupWe are proud to work with BASF to deploy state-of-the-art new materials with innovative manufacturing technologies As the Internet further promotes the rapid development of advanced materials business opportunities (such as new online purchases), we will jointly develop China's PBAT market to promote the development of the new materials industry "
BASF biopolymer ecoflex ® was launched in 1998 and is certified as compostable products according to the German standard DIN EN 13432 and the US standard ASTM D6400 The product can be mixed with other recycled ingredients to make BASF's certified compostable bio-based polymer ecovio ® Ecovio ® contains recycled raw materials, as well as some bio-based products The typical uses of ecovio ® are organic garbage bags, cling films, fruit and vegetable bags, as well as agricultural film and food packaging Studies have shown that ecovio ® have advantages in production, packaging and shelf life, as well as in food waste collection These advantages stem from the proven biodegradability of the material in industrial and household compost, as well as in soil: reduced food waste, and the return of nutrients to the soil through larger compost, avoiding plastic build-up in the soil, resulting in nutrient closures and a circular economy