Zhanjiang, Guangdong – BASF plans to build 32kT/year TPU and 160kT/year engineering plastics capacity at its second China Verbund site. The site is located in the Zhanjiang Economic and Technological Development Zone.
The TPU and engineering plastics project started its first round of environmental impact assessments in April. This follows the framework agreement, signed in January. The German company opened a liaison office in Zhanjiang this March.
The $10bn site will be BASF’s largest investment. The company said it will be the third largest site globally following Ludwigshafen, Germany and Antwerp, Belgium, according to Zhanjiang’s local authorities. Partial operation is scheduled for 2026 and the plant should come fully on stream in 2030.
A 100% BASF-owned project, the Zhanjiang site will also be the first large scale Verbund site to include the full implementation of smart manufacturing, said BASF.
In addition, it will supply local and multinational manufacturers in South China. Industries including automotive, construction, high-speed railway, and domestic product industrie are key likely markets, said BASF.