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BASF invests more in response to global demand for long-lasting lubricants
capacity expansion at BASF's Puebla, Mexico, is completed
and an exclusive technology licensing and production agreement with Jiangsu Feiya Chemical Industry Co., Ltd. to increase production capacity in China
Frenham Park, U.S.A./Ludwig, Germany) Shanghai - January 15, 2019 - BASF's Fuel and Lubricant Solutions business will invest in Mexico and China to increase the production capacity of lubricants to meet the demand for antioxidants in Asia's growing vehicle market and the global demand for long-lasting lubricant additives.
to increase production capacity, BASF has expanded production capacity at its Puebla base in Mexico and signed a technology licensing and production agreement with Jiangsu Feiya Chemical Industry Co., Ltd. in China. Jiangsu Feiya Chemical Industry Co., Ltd. recently built a new base in Rudong County, Jiangsu Province, and is now fully operational, producing products that meet the relevant specifications
China
.
Will continue to meet the needs of our customers in all regions of the world through investment and product innovation," said Marius Vaarkamp, Global Marketing Director for Lubricant Additives at BASF. The move to expand the global production capacity of lubricant antioxidants demonstrates BASF's commitment to meeting growing market demand. Cao Hongsheng
Chairman and General Manager of Jiangsu Feiya Chemical Industry Co., Ltd., said, "We attach great importance to our partnership with BASF and are committed to meeting the expectations of BASF and its customers. The
's Fuel and Lubricants Solutions business unit
BASF's Fuel and Lubricants Solutions business is a leading supplier to the global transportation and mineral oil industry. Its comprehensive product portfolio includes fuel functional additives, refining additives, polysobutene, engine coolants (Glysantin® brand), brake fluids and lubricant additives, compound lubricants, synthetic base oils and metalworking fluid components. The main production facilities of this business unit are located in Ludwiggang, Germany, Cincinnati and Flenheim Parks in the United States, Nanjing and Shanghai in China, and Sao Paulo, Brazil. The research and development centers are located in Ludwigshaun, Germany, Tarrytown, USA, and Shanghai, China. For more information, please visit: .
solutions are part of BASF's Specialty Chemicals division. The division's portfolio also includes plastic additives, kaolin minerals, paper and water treatment chemicals, and oilfield and mining solutions. Customers benefit from BASF's innovative solutions in a variety of fields, including chemistry, pulp and paper, plastics, consumer goods, energy and resources, and automotive and transportation. For more information, please visit .