World chemical giants optimistic about China's plastic alloy Market
2016-12-14China large plastic alloy market has attracted many multinational companies, BASF, LANXESS, DSM, Basel and LG chemical companies have to invest in China.
LANXESS plans batching mixing device in Chinese construction engineering plastics, its ingredients mixing device in the annual production capacity of 20 thousand tons of China Wuxi construction engineering plastics project will be put into operation in the first quarter of 2006, the future will expand production capacity. The new mixing ingredients will produce Durethan brand polyamide and Pocan brand PBT mixed ingredients (alloy).
BASF China Co. Ltd. will build on the China Shanghai Pudong existing production base with an annual output of 45 thousand tons concrete batching plant, plans to put into operation by the end of 2006, the products for automotive, electrical and electronic machinery and polyamide industry and polybutylene terephthalate.
Investment of 10 million dollars in the new DSM engineering plastics plant in Jiangyin high tech Development Zone Construction will start operations in early 2006. At the same time, DSM engineering plastics company will also build a new plastic compound production line, the production of StanylPA46 and Arnite polyester capacity of up to 1 times.