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BASF new manufacturing plant for leather chemicals in Pudong

20 Mar '07
2 min read

"Our investments in performance chemicals products at Caojing and Pudong will further strengthen our close partnership with our customers especially in Asia Pacific,” said Patrick Prevost, President of BASF's Performance Chemicals division. “By investing in additional local production capacity we will be able to react more flexibly to fast changing market conditions and to supply our customers more reliably with short lead time.”

“The chemical market in Asia Pacific is the world's largest and is expected to grow 4 to 4.5 percent annually through 2015. Our new manufacturing facilities in Shanghai give us an excellent competitive edge to participate in the rapid growth of the chemical industry in the region,” said Dr. Wolfgang Hapke, President of Market and Business Development, BASF Asia Pacific. “We are now moving even closer to our goal of achieving 20 percent of group sales in the chemicals businesses in Asia Pacific by 2010, with 70 percent coming from local production.”

BASF, Germany

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