BASF recently inaugurated a new, world-scale antioxidants manufacturing plant at its Caojing site in Shanghai, China. With an annual capacity of 42,000 tons, the plant will produce antioxidants and associated forms and blends for the plastic additives market. The units for powder blending, liquid antioxidants and formgiving are now operational as part of the plantâs first phase.
âWith this investment, we strengthen our position as the leading global supplier of antioxidants,â? said Dr. Markus Kamieth, Member of the Board of Directors, BASF SE. âAsia is the worldâs largest antioxidants market and China accounts for almost 65% of the market in Asia. We expect the market will show attractive growth rates in the medium to long term.â?
âBASF wants to be the leading chemicals supplier for our customers,â? said Dr. Stephan Kothrade, President, Functions Asia Pacific, President and Chairman Greater China, BASF. âBy investing in advanced production plants in China, we want to anticipate and fulfil our customersâ needs even better. We will combine our unique expertise in the chemical industry with our customersâ competencies, and jointly develop solutions that are both profitable and responsible.â?
Located at BASFâs Caojing site in the Shanghai Chemical Industry Park, the new plant will benefit from its proximity to BASFâs regional research and development center in Shanghai; a hub that provides technical support to polymer producers across the region.
Antioxidants help prevent thermal oxidation reactions when plastics are processed at high temperatures. Oxidation can cause the loss of impact strength, elongation, surface cracks and discoloration of the material. Almost all polymer materials undergo oxidative degradation reactions at one or all of the manufacturing, processing and end-use stages.