German BASF said on Tuesday it has started production at a giant complex in southern China.

German chemicals group BASF said on Tuesday it has started production at a giant complex in southern China’s Zhanjiang.

The first plant at the site will produce 60,000 tonnes of engineering plastic compounds a year for the automotive and electronics industries, the company said in a statement.

It will be supplied entirely by renewable electricity, it added.

The company expects to invest up to 10 billion euros ($9.95 billion) in the site, which will be its third-largest globally when complete in 2030.

Next year, it plans to start operating a plant for the production of thermoplastic polyurethanes (TPU) at the same complex.

Homepage News..

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.