“It is an exciting start for our Zhanjiang Verbund site,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors, BASF SE. “The inauguration of the first plant paves the way for the site. Upon completion, it will be our third largest Verbund site globally and a role model of sustainable production both in China and around the world.”
The plant will be supplied with 100% renewable electricity. BASF aims to power the entire Zhanjiang Verbund site with 100% renewable electricity by 2025.
“The Zhanjiang Verbund site will be built with the latest digital technologies and to the highest safety standards. It will provide high-quality, low-carbon-footprint products and build up stronger business connections with customers in South China, underlining our commitment to the Chinese market,” said Dr. Markus Kamieth, Member of the Board of Executive Directors, BASF SE, who is responsible for BASF’s Asia Pacific region.
In 2020, BASF started construction of the first plants at the planned integrated Verbund site in Zhanjiang. In July 2022, BASF made the final investment decision for the main construction phase of the Zhanjiang Verbund site, covering the heart of the Verbund including a steam cracker and downstream plants to support the growth of our customers in the dynamic Chinese market. This phase is targeted to start up in late 2025. An expansion phase covering further downstream plants for diversification is expected to be operational by 2028.
As announced in July 2018, the BASF Zhanjiang Verbund site will be the company’s largest investment to date, with up to €10 billion by 2030, and operated under the sole responsibility of BASF. The next startup is planned for 2023 covering a plant for the production of thermoplastic polyurethanes (TPU).