BASF plans to open nylon resin plant in Shanghai in 2015

By Frank Esposito
Senior Staff Reporter

Published: July 29, 2013 2:08 pm ET
Updated: July 29, 2013 5:13 pm ET

Related to this story

Topics Materials, China, Materials Suppliers
Companies & Associations BASF SE

BASF SE will open a massive new nylon resin plant in Shanghai in 2015.

The plant will have around 220 million pounds of annual capacity to make Ultramid-brand nylon. The plant will be in the Shanghai Chemical Industry Park, where BASF already makes other specialty chemicals.

“As part of our long-term strategy, we aim to locate production close to our customers in the Asia Pacific region so that we can better support their growth,” Greater China President and Chairman Albert Heuser said in a July 29 news release.

In the same release, global nylon senior vise president Hermann Althoff said that demand for nylon products in the engineering plastics fiber and film industries “will grow strongly, particularly in China.”

Heuser added that Ludwigshafen, Germany-based BASF “intends to grow 2 percentage points above the market in [the] Asia Pacific, and maintain our commitment to environmental protection.”

BASF already operates nylon polymerization plants in Germany, Texas, Belgium and Brazil. The firm ranks as one of the world's largest makers of chemicals, specialty plastics and plastic additives. BASF employs more than 110,000 worldwide and posted sales of almost $94 billion in 2012.


Comments

BASF plans to open nylon resin plant in Shanghai in 2015

By Frank Esposito
Senior Staff Reporter

Published: July 29, 2013 2:08 pm ET
Updated: July 29, 2013 5:13 pm ET

Post Your Comments


Back to story


More stories

Image

China's Shide Group, BASF unveil 'revolutionary' all-plastic window profile

April 23, 2014 9:10 pm ET

SHANGHAI — The PVC window profile market in Asia is expected to increase four-fold by 2025, and Chinese building products maker Dalian Shide...    More

Worker dies in fall at Formosa Texas plant

April 23, 2014 4:04 pm ET

A subcontractor died April 22 after falling 25 feet during routine cleaning operations at a Formosa Plastics Corp. USA facility in Point Comfort,...    More

Image

Milliken expanding SC plant for additional PP clarifying agent capacity

April 23, 2014 3:42 pm ET

American chemical company Milliken & Co. has announced plans for a major expansion in capacity for its Millad NX8000 clarifying agent for...    More

Image

CPM Extrusion, ECON launch new line of underwater pelletizers

April 23, 2014 11:25 am ET

CPM Extrusion Group and ECON GmbH unveiled their brand new EUPC line of underwater pelletizers today at ChinaPlas held in Shanghai, China.    More

Clariant says Asia holds the key to growth

April 23, 2014 3:52 pm ET

Clariant AG is based in Switzerland, but its eyes are firmly focused further east.    More

Market Reports

Market Data Book - Rankings & Lists

A one-stop download of Plastic News' exclusive annual lists and processor rankings containing essential data including sales, employees, end markets, materials and more.
EXCLUSIVE EXCEL FEATURE: full mailing address details for available plant locations.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Mold Making and Tooling Review and Outlook 2014 North America

This report provides in-depth analysis of the mold and toolmaking market for North America, including discussions of trends, opportunities, threats, the latest developments in production and labor and equipment trends impacting moldmakers.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events