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On October 12, 2020, BASF plans to increase its production capacity of synthetic ester base oils at its Jinshan base in Shanghai, China, to nearly double its production capacity.
this increased investment is designed to meet the growing demand for high-performance lubricants in the Asia Pacific region, while further strengthening BASF's market position, providing customers with a stable supply and supporting its business development in the Asia Pacific region.
is known to be a key ingredient in high-performance lubricant formulations with a number of sustainability benefits.
applications include environmentally friendly refrigeration and air conditioning systems, automotive and industrial lubricants.
recent years, BASF has provided customers around the world with sustainable ingredients certified by the Sustainable Palm Oil Roundtable (RSPO).
production site is part of an RSPO-certified global production network.
In response, Matthias Lang, BASF's global vice president and responsible for business management of fuel and lubricant solutions in Asia Pacific and characteristic chemicals in Greater China, said: "This time, BASF's expansion of production capacity for basic raw materials for synthetic esters will further secure supply to customers, particularly in the Asia Pacific region.
as a leading and reliable supplier of formulation products to the lubricant industry, we will give full play to BASF's strengths on the basis of the upstream integration of key raw materials.
we are pleased to be able to better serve our customers and grow together.
" for the increase, BASF said it expects to complete the production in the second half of 2022.
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