Expanding global antioxidant capacity by 40% BASF collaborates in China

On January 15, 2019, BASF's Fuels and Lubricants Solutions business unit said it will invest in Mexico and China to increase the capacity of lubricants to meet the demand for oxidants in Asia's growing vehicle market, as well as globally. The rising demand for long-acting lubricant additives.

BASF's Fuels and Lubricants Solutions business unit says it will invest in Mexico and China BASF's Fuels and Lubricants Solutions business unit says it will invest in Mexico and China

In order to increase production capacity, BASF expanded its capacity in the Puebla base in Mexico; in China, it signed a technology licensing and production agreement with Jiangsu Feiya Chemical Industry Co., Ltd. Jiangsu Feiya Chemical Industry Co., Ltd. recently built a new base in Rudong County, Jiangsu Province, and has now fully operational to produce products that meet relevant specifications.

Marius Vaarkamp, ​​Global Marketing Director of BASF Lubricant Additives, said: “We will continue to meet the needs of customers in all regions of the world through investment and product innovation. The move to expand the global capacity of lubricants and antioxidants demonstrates BASF's commitment to meeting growing market demands. ”

Cao Hongsheng, chairman and general manager of Jiangsu Feiya Chemical Industry Co., Ltd., said: "We attach great importance to our partnership with BASF and will be committed to meeting the expectations of BASF and its customers."

Reading volume: Source: Eastern Wealth Network Author: Cold autumn

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