BASF’s global business unit Fuel and Lubricant Solutions is investing in Mexico and China to increase production of antioxidants for lubricants. The capacity expansions address growing demand for antioxidants from the increasing number of vehicles in Asia and the increasing global demand for long-life lubricant additives.
In Mexico, BASF expanded the production capabilities of its site in Puebla. In China, the expansion is through a technology licensing and manufacturing agreement with Feiya Chemical Co. Feiya has recently built a new site in Rudong, Jiangsu Province, which is fully operational and producing on-spec products.
“We continue to address the regional and global needs of our customers through investments and product innovation,” said Marius Vaarkamp, Global Marketing Director, Lubricant Oil Additives, BASF. “Expanding our global production capacity of antioxidants for lubricants shows our commitment to meeting the increasing needs of an evolving market.”
“We value BASF as our partner, and we are committed to meeting the expectations of BASF and its customers,” said Hong Seng Cao, Chairman and General Manager, Feiya Chemical Co.
About Fuel and Lubricant Solutions
The global business unit Fuel and Lubricant Solutions is a leading supplier to the transportation and mineral oil industries worldwide. Offerings cover fuel performance packages, refinery additives, polyisobutenes, engine coolants (Glysantin® brand) and brake fluids as well as lubricant additives, finished lubricants, synthetic base stocks and components for metalworking fluids. The business unit has its main facilities in Ludwigshafen, Germany, Cincinnati and Florham Park in the USA, Nanjing and Shanghai in China, as well as Sao Paulo, Brazil. Research and development is mainly driven out of Ludwigshafen, Germany, Tarrytown, USA and Shanghai, China. For more > www.performancechemicals.basf.com.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The more than 115,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of more than €60 billion in 2017. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.