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On July 19, local time in Germany, BASF Europe made the final investment decision to fully advance its integrated base project in Zhanjiang City, Guangdong Province, China
.
At present, the Zhanjiang integrated base project is progressing steadily and on schedule, and the next stage will focus on building the core of the integrated base: a steam cracking unit and multiple downstream units for the production of petrochemicals, intermediates,
etc.
By 2030, BASF will invest up to 10 billion euros to build the Zhanjiang integrated base
.
The entire integrated base will be constructed in phases and is scheduled to be completed in 2030
.
By then, the Zhanjiang integrated base will become BASF's third largest integrated production base in the world, after Ludwigshafen in Germany and Antwerp in Belgium
.
In 2020, the first units of BASF's Zhanjiang integrated base will be officially started with piling construction
.
At present, the first plant for the production of engineering plastics is being commissioned and will be put into operation soon; another plant for the production of thermoplastic polyurethane will be put into operation in 2023
.