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Recently, BASF's new world-class antioxidant plant was put into operation at its Shanghai base. The plant has an annual production capacity of 42,000 tons, mainly for the plastic additives market to produce antioxidants and corresponding particle form products and mixtures. 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
China
.
, BASF will strengthen its position as the world's leading supplier of antioxidants," said Dr. Markus Kamieth, executive board member of BASF Europe. Asia is now the world's largest market for antioxidants, while China accounts for almost 65 per cent of the Asian market. We believe that the Chinese market will show attractive medium- and long-term growth. "
is going to be the leading supplier of chemicals to our customers," said Stephan Kothrade, President (Functional Management), President and Chairman of BASF Asia Pacific. 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.
