BASF to build plant in Zhanjiang

By Xinhua News Agency

Nov 07, 2022 12:02 am

GUANGZHOU: German chemical giant BASF SE will invest in a new world-scale Neopentyl Glycol (NPG) plant with an annual production capacity of 80,000 tonnes at its Verbund site in the city of Zhanjiang, south China's Guangdong Province.

With the new NPG plant expected to be operational in the fourth quarter of 2025, BASF's global NPG capacity will rise from 255,000 tonnes to 335,000 tonnes annually, strengthening the company's position as one of the world's leading NPG manufacturers.

MAMMOTH FACILITY This aerial photo taken on Feb. 27, 2022 shows a view of BASF Zhanjiang Verbund site which is under construction in Zhanjiang, south China’s Guangdong Province. XINHUA PHOTO

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Meta plans to invest $60-B or more in AI this year

WTO chief warns of tit-for-tat tariffs

SG central bank eases its monetary policy

Mitsubishi mulls foregoing Nissan-Honda merger

Bank of Japan hikes interest rate

Boeing warns Q4 loss bigger than expected

CNN eyes 200 job cuts