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"In the next five years the engineering thermoplastics (ETP) market in Asia is expected to grow at about 8% per annum," says Hermann Althoff, Sr. VP of BASF's engineering plastics unit in Asia Pacific. In a vote of confidence for the company's ability to tap this burgeoning demand, the company recently announced its intent to boost compounding capacity in Shanghai, China, for polyamide and PBT engineering thermoplastics by 65,000 tonnes/year spread over two phases, whereby overall capacity will reach 110,000 tonnes/year by 2015.

PlasticsToday Staff

January 14, 2011

1 Min Read
Strong Asian ETP demand prompts BASF China expansion

"In the next five years the engineering thermoplastics (ETP) market in Asia is expected to grow at about 8% per annum," says Hermann Althoff, Sr. VP of BASF's engineering plastics unit in Asia Pacific. In a vote of confidence for the company's ability to tap this burgeoning demand, the company recently announced its intent to boost compounding capacity in Shanghai, China, for polyamide and PBT engineering thermoplastics by 65,000 tonnes/year spread over two phases, whereby overall capacity will reach 110,000 tonnes/year by 2015. Phase one of the expansion is expected to be completed by 2013.

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Automotive is a key driver in Asian engineering thermoplastics market.

"In recent years, we have successfully developed many new applications for our customers in China especially in the automotive and electrical/electronics industries. We are convinced that we will continue to drive this trend," says Althoff.

In 2010 Asian consumption of polyamide and PBT compounds was over 900,000 tonnes—China accounted for 50% of this. Forecast Asian growth of about 8% per annum is driven by the increasing usage ETPs in different industry segments, especially automobiles, where they are an integral part of complex, high-value, high-performance automotive systems and make a significant contribution to the performance, safety, and comfort of modern motor vehicles, according to BASF.

In addition to this plant in Pudong, Shanghai, BASF has similar compounding facilities in Malaysia, South Korea, and India, which are part of BASF's global network of ETP compounding plants. This network covers other countries in Europe, North and Central America. After the expansion of the Pudong plant, BASF's total engineering plastics capacity in Asia will exceed 200,000 tonnes per annum. —[email protected]

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