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 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 GM, Feiya Chemical Co.