BASF gives final approval for the construction of the planned Verbund site in China
Published by Bella Weetch,
Editorial Assistant
Hydrocarbon Engineering,
BASF SE has given final approval for the construction of the planned Verbund site in Zhanjiang in the southern Chinese province of Guangdong. The project is on schedule. The focus will now be on building the core of the Verbund, which includes a steam cracker and several downstream plants for the production of petrochemicals and intermediates, among others. BASF will invest up to €10 billion by 2030 to build the new Verbund site.
In 2020, BASF started construction of the first plants at the planned integrated Verbund site in Zhanjiang, China, which will be BASF's third-largest Verbund site worldwide after Ludwigshafen, Germany, and Antwerp, Belgium. The site will be built in several phases, and is expected to be fully operational by 2030.
The first plant for the production of engineering plastics is currently starting up and a plant for the production of thermoplastic polyurethanes (TPU) will come onstream in 2023.
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/20072022/basf-gives-final-approval-for-the-construction-of-the-planned-verbund-site-in-china/
You might also like
The Hydrocarbon Engineering Podcast - The energy sector's evolving digital landscape
In this episode of the Hydrocarbon Engineering Podcast, Graham Faiz, Head of Digital Energy, DNV, dives into the current state of digitalisation, the key drivers behind transformation, and how companies can move from pilot projects to full-scale deployment of AI and digital tools.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.
