27 September 2010 09:35 [Source: ICIS news]
SINGAPORE (ICIS)--German chemicals major BASF will build two production plants for water treatment and paper chemicals in Nanjing, China, to meet growing demand, the company said in a statement on Monday.
“The establishment of these plants is part of our growth strategy for Asia Pacific to double our sales by 2020, while contributing to a sustainable future,” said Albert Heuser, BASF’s president of market and business development in the Asia-Pacific.
Substantial investments in water treatment infrastructure and a significant increase in paper consumption have boosted those industries in Asia, and especially China, the company said.
Commercial production at the wholly-owned facility – which would consist of a 40,000 tonne/year quaternised cationic monomers plant and a 20,000 tonne/year cationic polyacrylamides plant – was expected to begin in the third quarter of 2012, it said.
However, the financial details of the project were not disclosed in the statement.
Meanwhile, a company source told ICIS that the construction schedule for the two plants had not been set, as BASF was still waiting for the necessary approvals.
“We are still in the planning stages,” said the source, who added that the two new plants were not part of BASF and Sinopec’s expansion plans in Nanjing.
Cationic monomers are a key feedstock for cationic polyacrylamides, which are used as organic flocculants in the water treatment industry and as retention aids in the paper industry, according to BASF.
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