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BASF's Zhanjiang Site Nears Completion, Boosting Asian Petrochemical Presence

BASF's Zhanjiang site is nearing completion, with the steam cracker and butyl acrylate plant making significant progress. The site's strategic location promises increased supply security and aligns with BASF's 'Winning Ways' strategy.

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It is an agriculture land many plants are plotted into the ground and in front of of the field...
It is an agriculture land many plants are plotted into the ground and in front of of the field there is a machine, it is spelling the water on the crops and behind the machine there are huge trees and behind the trees there are other types of crops.

BASF's Zhanjiang Site Nears Completion, Boosting Asian Petrochemical Presence

BASF's Zhanjiang site is nearing completion, with the steam cracker and indoor plants making significant progress. The steam cracker, with an annual ethylene capacity of 1 million tons, is set to be fully operational by the end of 2025. Meanwhile, the butyl acrylate plant, with an annual capacity of 400,000 tons, has already begun production, making its first tanker delivery just six days after starting up.

The Zhanjiang site's location near customers promises shorter delivery routes and increased supply security. This strategic positioning aligns with BASF's 'Winning Ways' strategy, aiming to meet growing demand for high-quality petrochemical products in Asia. The butyl acrylate plant started production on August 11, ahead of schedule, further boosting BASF's leading position in the acrylics segment. The steam cracker and downstream petrochemical facilities at the site have reached mechanical completion, marking a significant milestone in the project's progress.

The total investments for the Zhanjiang site were reduced by 1.3 billion euros to around 8.7 billion euros, under the original budget. This was primarily achieved through cost savings in procurement and a corporate-wide effort to reduce expenses. The final investment costs were lowered from the initially planned €10 billion to about €8.7 billion.

With the steam cracker and butyl acrylate plant nearing full operation, BASF's Zhanjiang site is poised to strengthen the company's position in the Asian petrochemical market. The site's progress, despite cost reductions, underscores BASF's commitment to strategic investments and operational efficiency.

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