BASF Lays Foundation for Polyethylene Plant

BASF Lays Foundation for Polyethylene Plant BASF has laid the foundation for a new polyethylene (PE) plant at its Verbund facility in Zhanjiang, China. The new plant is scheduled to come on stream in 2025 and will have an annual polyethylene capacity of 500,000 metric tons. The facility is expected to meet rapidly growing demand in China. Bir Darbar Mehta, Senior Vice President, BASF Asia Pacific Petrochemicals, said: "China is experiencing rapid growth in polyethylene demand that will outpace other regions of the world. With this groundbreaking ceremony, BASF will enter the polyethylene market in China with a competitive production facility at its fully integrated Zhanjiang site and serve our customers in the consumer goods, packaging, construction and transportation sectors." Polyethylene is a lightweight, versatile thermoplastic polymer produced from ethylene. It is used in a wide range of applications, from heavy-duty storage tanks and pipelines to flexible packaging and films. Source