With world-class production scale and an annual output of 42,000 tons
The growth potential of the Chinese market is huge
BASF's new antioxidant production plant in Shanghai has been completed.
From left to right: Hermann Althoff (Senior Vice President, BASF High Performance Chemicals Asia Pacific), Hou Jinhua (Vice Chairman of the Shanghai Chemical Industry Park Management Committee), Markus Kamieth (Executive Board Member of BASF), Ma Jing (Chairman of the Management Committee of the Shanghai Chemical Industrial Park), Stephan Kothrade (Asia Pacific) President, BASF Greater China President and Chairman), Anup Kothari (President, BASF High Performance Chemicals)
Shanghai, China - January 23, 2019 - Today, BASF's new world-class antioxidant plant at its Shanghai base is officially launched. With an annual production capacity of 42,000 tons, the plant produces antioxidants and corresponding particle form products and mixtures for the plastic additives market. The first phase of the plant, which includes a powder mixing unit, a liquid antioxidant production unit and a particle form production plant, is now in production and operation
this investment strengthens BASF's position as the world's leading supplier of antioxidants," said Dr. Markus Kamieth, executive board member of BASF Europe. Asia is currently the world's largest market for antioxidants, while China accounts for almost 65% of the Asian market. We believe that the Chinese market will show attractive medium- and long-term growth. Dr
stephan Kothrade, President and Chairman of BASF Asia Pacific (Functional Management), Greater China, said: "BASF wants to be the leading supplier of chemicals to our customers. We hope to better anticipate and meet the needs of our customers by investing in advanced production facilities in China. We combine BASF's unique know-how in the chemical industry with our customers' strengths to develop solutions that combine economic efficiency and social responsibility. The
is located at BASF's base in the Shanghai Chemical Industry Zone, adjacent to BASF's regional research and development center in Shanghai, providing technical support to polymer producers in the region.
the importance of antioxidants
antioxidants help prevent thermooxidation of plastics in high-temperature processing environments. Oxidation can cause material shock strength and elongation to decrease, surface cracking and color change. At one or more stages of production, processing and use, almost all polymer materials are oxidized and degraded.
BASF's global production network and is the only supplier with production facilities for plastic additives in Asia, Europe, North America and the Middle East.