BASF is currently building a new Verbund site in Zhanjiang, Guangdong province. Announced in July 2018 and officially commenced in November 2019, the project would be BASF’s largest investment with up to €10 billion by 2030 and would be operated under the sole responsibility of BASF. The site would ultimately be the third-largest BASF site worldwide, following Ludwigshafen, Germany, and Antwerp, Belgium.
The new smart Verbund site will include a steam cracker with a capacity of 1 million metric tons of ethylene per year and downstream plants for consumer-oriented products. By utilizing the latest digital technologies and applying the highest safety standards, the site will be built into a role model for smart manufacturing and sustainable production.
BASF Zhanjiang Verbund site will be built in phases. The first plant producing engineering plastics has been announced to be put into inauguration in September 2022. The next start-up is planned for 2023 covering a plant producing thermoplastic polyurethanes (TPU) to serve the increasing needs of various growth industries in southern China and throughout Asia. The whole Verbund site is planned to be completed by 2030.
BASF Integrated Site (Guangdong) Co. Ltd, BASF’s new wholly-owned subsidiary, has also been officially formed in 2019. This entity will oversee the operations of the Zhanjiang Verbund site.
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