- Chinese market offers significant growth opportunities
As announced in November 2016, BASF is investing more than €00 million globally to increase its production network for plastic additives. An important step is an investment to build a new plastic additives plant at its Caojing site in Shanghai, China. This world-scale plant, with an annual capacity of 42,000 tons, will produce antioxidants and associated forms and blends. It is expected to be completed in 2019, with commercial production to start by early 2020.
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