Shanghai, China – July 6, 2016 – Today BASF and Xinjiang Markor Chemical Industry Co., Ltd. (“Markor”) inaugurated a new PolyTHF® (polytetrahydrofuran, chemical name: polytetramethylene ether glycol) plant in Korla, Xinjiang Uygur autonomous region in northwest China. Commercial products are now available for delivery to local customers in China.
The plant, with an annual capacity of 50,000 tons of PolyTHF, is operated by a joint venture between BASF and Markor registered under the name of BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. It will support customers’ increasing demand. The plant complements BASF’s existing Asian production facilities in Shanghai, China and Ulsan, Korea. BASF also produces PolyTHF in Geismar, Louisiana, and Ludwigshafen, Germany, with a global annual PolyTHF capacity of 350,000 metric tons.
PolyTHF is primarily used to make elastic spandex fibers for a wide variety of textiles, including swimsuits, sportswear, underwear and outerwear. It also serves as a chemical building block for thermoplastic polyurethanes (TPU), used to make hoses, films and cable sheathing mainly for the automotive industry. Other applications include thermoplastic polyetheresters, polyetheramides and cast elastomers for the production of (for example) wheels for skateboards and inline skates.
In January 2016 BASF and Markor inaugurated a 1,4-butanediol (BDO) plant, also at the Korla site. The plant, with an annual capacity of 100,000 tons, is operated by another joint venture between Markor and BASF, registered under the name of Markor Meiou Chemical (Xinjiang) Co., Ltd. The two projects mark BASF’s first investment in Xinjiang with a local private enterprise.
By Martin Liedemit
Source: BASF
The investment enables the steam cracker to increase the share of renewable and recycled raw materials used in its (ethylene and propylene) production. The move supports the Borealis Strategy 2030 for a circular economy. The Porvoo investment program is expected to be completed in 2025.
Murray Auchincloss, bp’s CEO, said in a statement: “As I set out in February, BP’s destination from IOC [international oil company] to IEC [integrated energy company] is unchanged – and we need to deliver as a simpler, more focused, and higher-value company.
Founded in 1972, Tecnofilm has expanded its product portfolio over the years to offer a wider range of compounds and functional polymers for various industrial applications and technical articles. The company has patented several of its products.
