BASF and Markor plan to establish two joint ventures in China

Joint Ventures BASF and Markor plan to establish two joint ventures in China

08.03.2013Editor: Dipl.-Medienwirt (FH) Matthias Back

BASF and Xinjiang Markor Chemical Industry (Markor) plan to establish two joint ventures for the production of butanediol (BDO) and polytetrahydrofuran (PolyTHF) in Korla, Xinjiang Uygur autonomous region, Northwest China.The joint venture agreements have already been signed but are subject to further closing conditions and regulatory approvals.

Related Companies

BASF SE

NETZSCH Pumpen & Systeme GmbH

Frewitt fabrique de machines SA

EPC Group

BASF's product portfolio includes the intermediate PolyTHF, an important component of elastan fibers (also known as spandex in the United States) that are used to manufacture swimwear, for example.
(Picture: BASF)

Ludwigshafen/Germany, Hong Kong/China - The joint venture companies intend to build a plant for the production of BDO and one for PolyTHF which are planned to go on stream in 2015. The annual capacities of the plants located in Korla will be 100,000 tons of BDO and 50,000 tons of PolyTHF.

PolyTHF is primarily used to make elastic spandex fibers for a large variety of textiles, including underwear, outerwear, sportswear and swimsuits. It also serves as a chemical building block for thermoplastic polyurethanes (TPU) used to make hoses, films and cable sheathing.

Other applications include thermoplastic polyetheresters, polyetheramides and cast elastomers for the production of for example wheels for skateboards and inline skates. BDO is used in the manufacturing of technical plastics, polyurethanes, solvents, electronic chemicals and elastic fibres.

BASF produces PolyTHF with an annual capacity of 250,000 tons at its sites in Geismar, Louisiana, USA; Ludwigshafen, Germany; Ulsan, Korea and Shanghai, Caojing, China. BASF produces BDO with an annual capacity of 535,000 tons at its sites in Geismar; Ludwigshafen; Caojing; Chiba, Japan and Kuantan, Malaysia.

Markor currently produces BDO with an annual capacity of 160,000 tons and is the largest producer of BDO in China. To date, the company has invested RMB 5 billion (about €600 million) in Markor Chemical Park.

Find other engineering projects in our online database GROAB.

Unfold for details of your consent

Stand vom 23.03.2021

Naturally, we always handle your personal data responsibly. Any personal data we receive from you is processed in accordance with applicable data protection legislation. For detailed information please see our privacy policy.

Consent to the use of data for promotional purposes

I hereby consent to Vogel Communications Group GmbH & Co. KG, Max-Planckstr. 7-9, 97082 Würzburg including any affiliated companies according to §§ 15 et seq. AktG (hereafter: Vogel Communications Group) using my e-mail address to send editorial newsletters. A list of all affiliated companies can be found here

Newsletter content may include all products and services of any companies mentioned above, including for example specialist journals and books, events and fairs as well as event-related products and services, print and digital media offers and services such as additional (editorial) newsletters, raffles, lead campaigns, market research both online and offline, specialist webportals and e-learning offers. In case my personal telephone number has also been collected, it may be used for offers of aforementioned products, for services of the companies mentioned above, and market research purposes.

In case I access protected data on Internet portals of Vogel Communications Group including any affiliated companies according to §§ 15 et seq. AktG, I need to provide further data in order to register for the access to such content. In return for this free access to editorial content, my data may be used in accordance with this consent for the purposes stated here.

Right of revocation

I understand that I can revoke my consent at will. My revocation does not change the lawfulness of data processing that was conducted based on my consent leading up to my revocation. One option to declare my revocation is to use the contact form found at https://support.vogel.de. In case I no longer wish to receive certain newsletters, I have subscribed to, I can also click on the unsubscribe link included at the end of a newsletter. Further information regarding my right of revocation and the implementation of it as well as the consequences of my revocation can be found in the data protection declaration, section editorial newsletter.

(ID:38513000)

Joint Ventures BASF and Markor plan to establish two joint ventures in China

Subscribe to the newsletter now

Don't Miss out on Our Best Content

Consent to the use of data for promotional purposes