German chemicals group BASF said Sept. 6 it has started production at a giant complex in southern China’s Zhanjiang.
The first plant at the site will produce 60,000 tonnes of engineering plastic compounds a year for the automotive and electronics industries, the company said in a statement. It will be supplied entirely by renewable electricity.
The company expects to invest up to 10 billion euros (US$9.95 billion) in the site, which will be its third-largest globally when complete in 2030.
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Next year, it plans to start operating a plant for the production of thermoplastic polyurethanes (TPU) at the same complex.
