BASF Verbund Plant Operational in China
06 Septiembre 2022 - 8:51AM
Noticias Dow Jones
By Pierre Bertrand
BASF SE said that the first plant at its new Zhanjiang Verbund
site in Southern China began operations Tuesday.
The new engineering-plastics compounds plant will service the
automotive and electronics industries and has an annual capacity of
60,000 metric tons, the German chemical company said.
Announced in 2018, the new Verbund site in China will be the
company's third argest after its centers in Ludwigshafen in Germany
and Antwerp in Belgium, BASF said.
The company says it will have invested up to 10 billion euros
($9.93 billion) in the new site by the time it is fully operational
by 2030.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
September 06, 2022 09:36 ET (13:36 GMT)
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