BASF has inaugurated the first plant of its new Zhanjiang Verbund site in the province Guangdong in South China today. The plant will provide a capacity of 60,000 metric tons of engineering plastics compounds per year in China for customers, particularly in the automotive and electronics industries.
Upon completion, the new Verbund site Zhanjiang will be the third largest Verbund site of BASF globally after Ludwigshafen, Germany and Antwerp, Belgium and a role model of sustainable production both in China and globally. BASF plans to power the entire Zhanjiang Verbund site with electricity from renewable resources and targets to achieve 100 percent by 2025.
Products from Zhanjiang will supply customers in the dynamic Chinese market, which is the most important growth market for global chemical production.
The Verbund system creates efficient value chains that extend from basic chemicals all the way to consumer products. In this system, chemical processes make use of energy more efficiently, achieve higher product yields and conserve resources. By-products of one process are used as starting materials for another process. We thus save on raw materials and energy, minimize emissions, cut logistics costs and realize synergies. BASF operates an additional 232 production sites worldwide, but the six Verbund sites produce more than 50% of our volumes. This is a testament to the importance and strength of the Verbund concept within BASF.
The Verbund creates opportunities to reduce emissions, waste and resource consumption. Around half of the Verbund advantages stem from wastewater, steam and electricity savings compared to BASF’s non-Verbund sites as well as compared to publicly available data on industry cost averages. The remaining 50% of the savings are achieved in logistics and material handling due to our chemical integration (using pipelines instead of filling and transporting via truck/railway/ship). These benefits make the Verbund sites BASF's most efficient sites.