On January 23rd, BASF's new world-class antioxidant plant at its Shanghai base was put into operation. With an annual production capacity of 42,000 tons, the plant produces antioxidants and corresponding particle form products and mixtures for the plastic additive 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. 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.
that antioxidants help prevent thermal oxidation 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.