— Support customers in China, the world’s largest chemical market Growing Needs
— Neopentyl glycol is a versatile chemical intermediate, Asia Pacific focuses on powder coatings market
Hong Kong, China – October 11, 2022 – BASF plans to The Zhanjiang Integrated Base invested in a new world-scale neopentyl glycol (NPG) plant with an annual output of 80,000 metric tons. The new plant is expected to start production in the fourth quarter of 2025. By then, BASF’s global NPG annual production capacity will increase from 255,000 metric tons to 335,000 metric tons, strengthening BASF’s leading position as a global NPG manufacturer. Currently, BASF has NPG production plants in Ludwigshafen, Germany, Freeport, Texas, USA, and Nanjing and Jilin, China.
BASF Zhanjiang Integrated Base under construction (photographed in October 2022 )
Hua Siliang, Senior Vice President of the Asia Pacific Intermediates Business Department, said: “In Zhanjiang The investment in the neopentyl glycol plant in the integrated base will allow us to support the growing demand of Asian customers, especially in the field of powder coatings in China. With the synergy effect of BASF’s unique integrated model and combined with cutting-edge technology, we are confident This investment will enhance our competitive advantage in China, the world’s largest chemical market.”
Anup Pandey, Director of Acids and Polyols Management, Intermediates Business Unit, Asia Pacific, added: “In response to the growing demand from Chinese customers for environmentally friendly powder coatings, we will step up the construction of the neopentyl glycol plant to support the growth of our business partners, while expanding our footprint and maintaining our position as a leading supplier in this vast market. “
As an intermediate with high chemical and thermal stability, NPG is mainly used in the production of Powder coating resins, particularly successful in coating applications for the construction industry and household appliances. Due to the low volatile organic compound (VOC) content of powder coatings, it can help users meet VOC emission standards, and VOC emissions can be reduced by up to 50% compared with liquid coatings. NPG is also used in the manufacture of lubricants, plasticizers and pharmaceuticals.
Source of article: BASF
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