At startup in 2015, the plant, which is the first of its kind in China, will serve the increasing market demand for next-generation plasticisers.
A newly-formed 50-50 joint venture company has been created called BASF MPCC Company Limited. The new plant will bring around 100 new jobs in Maoming.
“High quality and reliable plasticisers help underpin industrial growth, and with this plant we will be well positioned to serve China’s growing demands,” said Dr Albert Heuser, president, functions Asia Pacific, president and chairman, Greater China, BASF. “Additionally, this project brings us a step closer to BASF’s strategic goal to better serve local industries with local production in Asia Pacific of approximately 75% by 2020. The new joint venture with Sinopec also solidifies our already strong partnership, and demonstrates BASF’s long-term commitment to China.”
INA is used as the feedstock for the production of next-generation plasticisers, including diisononyl phthalate (DINP) and non-phthalate plasticiser Hexamoll DINCH. DINP is widely used as a plasticiser in industrial applications such as automotive, wires, building and construction, while Hexamoll DINCH is BASF’s non-phthalate plasticiser for sensitive applications, including toys as well as food contact and medical applications.
Source: BASF
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