German chemical giant BASF said that it would nearly double the production capacity of synthetic ester base stocks at its Jinshan site in China. The additional capacity will meet the growing high-performance lubricants demand in the Asia Pacific, which is buoyed by rising sustainability trends in the region. Synthetic ester base stocks are used to produce high-performance lubricants in automotive, refrigeration, air-conditioning, and industrial applications. The expansion project is expected to be wrapped up by the second half of 2022.
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Published on October 12, 2020 5:36 PM (GMT+8)Last Updated on October 12, 2020 5:37 PM (GMT+8)