Tianjin, China - BASF's polyurethanes division is building a systems unit in Jianjin, northern China. The unit is planned to be in operation by 2012, the German firm said in a 27 Sept statement.
BASF already has a systems unit in Chongqing,in western China, along with system houses and development centres in Shanghai and Nansha, giving the firm a service network extending to all geographical corners of China, the statement added.
A Memorandum of Understanding on the project was signed in Ludwigshafen, Germany, during a visit of a delegation led by Wang Zhiping, the Vice Mayor of Tianjin Municipal People's Government. Tianjin, is the largest modern manufacturing base and trading centre in northern China, with a population of over 12 million residents, said BASF in the statement.
The MoU was signed by Ni Xiangyu , Administrative Commission of Tianjin Economic-Technological Development Area (Nangang Industrial Zone) and Wayne Smith, president of BASF's polyurethanes division.
Few details were released at this stage, but the unit will offer local production of PU systems as well as a sales and technical service centre to offer customised products and responsive service to local polyurethane processors, the BASF statement said.
"The strategic location of the city is perfectly suited to serve the fast-growing North China markets including the thriving centres of Beijing, Shenyang, and Changchun. We expect the PU market in China to continue to grow at above average growth rates," Smith said in the BASF statement.
PIC: Signing the MoU - Wayne Smith (left) and Ni Xiangyu"