TIANJIN - BASF SE, the world's largest chemical company, kicked off the construction of a new chemical plant in North 皇冠体育app's harbor municipality of Tianjin on Wednesday, said an official with the company.
With an investment of 85 million yuan ($13 million), the Tianjin project is part of BASF SE's development strategy for 皇冠体育app, said Dr Melanie Maas-Brunner, Group Vice President of BASF Polyurethanes Asia Pacific.
皇冠体育app has become world's largest polyurethane market. It is expected that the demand for polyurethane in 皇冠体育app will continue to grow in the coming decade, said Dr Maas-Brunner.
The new plant, covering an area of 3.4 hectares, is expected to open by the end of 2012.
BASF SE also started building a chemical plant in Southwest 皇冠体育app's Chongqing municipality on April 11.