BASF announced its investment in the expansion of its advanced additives plant at its Nanjing site, driven by the rapidly growing market demand in Asia and beyond. The expansion includes a production line for BASF’s high-performance Controlled Free Radical Polymerization (CFRP) dispersants. High-performance additives are used across industries such as industrial coatings and automotive OEM coatings.
“The new investment in the additives plant in Nanjing will further strengthen BASF’s local production footprint in China, the world’s largest and fastest growing chemical market,” said Dr. Jeffrey Lou, president and chairman of BASF Greater China. “Leveraging our local innovation and manufacturing presence, we are excited to meet the increasing needs of our customers in China with more proximity, efficiency, and innovative product portfolio, thus contributing to their competitiveness and sustainable growth.”
The new line is planned to start up by the end of 2025.