BASF to build Neopentyl Glycol plant at Zhanjiang Verbund site in China.

GUANGZHOU -- German chemical giant BASF SE will invest in a new world-scale Neopentyl Glycol (NPG) plant with an annual production capacity of 80,000 tonnes at its Verbund site in the city of Zhanjiang, south China's Guangdong Province.

With the new NPG plant expected to be operational in the fourth quarter of 2025, BASF's global NPG capacity will rise from 255,000 tonnes to 335,000 tonnes annually, strengthening the company's position as one of the world's leading NPG manufacturers.

BASF Intermediates Asia Pacific Senior Vice President Vasilios Galanos said, "Investing in an NPG plant at the Zhanjiang Verbund site will enable us to support the growing demand from customers in Asia, particularly in the field of powder coatings in China. Leveraging the synergies arising from our unique Verbund model and top-notch technologies, we are confident that our investment in the NPG plant will enhance our competitive edge mainly in China, the world's largest...