[Contract for Corrugated Compensators of BASF Zhanjiang Integrated Base Project]

The official website of Shanghai Songjiang Vibration Isolator Group Co., Ltd. offers you a thorough analysis of the detailed information regarding the [Contract for Corrugated Compensators of BASF Zhanjiang Integrated Base Project]. As a vanguard in the industry, Shanghai Songjiang Group, leveraging its profound technological prowess, cutting – edge manufacturing processes, and rigorous quality control mechanisms, painstakingly manufactures high – quality corrugated compensators for numerous overseas investment initiatives.

These corrugated compensators are fabricated from premium – grade special alloy materials through elaborate forming techniques. Their distinctive corrugated structure design not only imparts exceptional flexibility to the products but also substantially augments their capacity to counteract axial displacements in pipelines. In real – world applications, they can effectively mitigate the expansion, contraction, and deformation of pipelines induced by factors such as temperature fluctuations, media flow, and equipment vibrations, ensuring the stable and secure operation of the pipeline system under intricate working conditions.

The BASF Zhanjiang Integrated Base is strategically situated on Donghai Island, Zhanjiang City, Guangdong Province. Encompassing an extensive planned area of approximately 90,000 square kilometers, the project anticipates a total investment of up to 10 billion euros. This colossal undertaking represents the largest overseas investment project that BASF has ever embarked upon, with BASF solely shouldering the responsibilities of construction and operation. Once completed, it will secure the third – largest position among BASF’s global integrated production bases, trailing only the Ludwigshafen Base in Germany and the Antwerp Base in Belgium.

The initial batch of facilities at the project will center their production on two key areas: engineering plastics and thermoplastic polyurethane (TPU). The resultant products find extensive applications across a multitude of burgeoning industries, including automotive, electronics, and new – energy vehicles. On September 6, 2022, the first – set of facilities at the Zhanjiang Integrated Base was officially commissioned into production. The construction of the entire integrated base is slated for full completion by 2030.

The BASF Zhanjiang Integrated Base Project, with its groundbreaking nature, marks the first wholly – foreign – owned project within China’s heavy – chemical industry. Commencing its construction journey on November 23, 2019, following the successful commissioning of the first – set of facilities on September 6, 2022, BASF has been adding an annual production capacity of 60,000 tons of modified engineering plastics to the Chinese market. Starting from 2023, the total production capacity of this product in the Asia – Pacific region has been elevated to 420,000 tons, effectively and precisely catering to the escalating and diverse demands of customers in sectors such as automotive and electronics. Notably, the first – set of facilities innovatively operates on 100% renewable energy power, underscoring BASF’s unwavering commitment to sustainable development. BASF has set an even more ambitious target of achieving 100% renewable energy power utilization for the entire Zhanjiang Integrated Base by 2025, thus setting a remarkable example for the green development of the industry.

The construction of the first – set of facilities at the BASF Zhanjiang Integrated Base officially commenced with piling in 2020. In July 2022, after meticulous deliberation, BASF SE made a final investment decision and announced the full – scale acceleration of the construction of the Zhanjiang Integrated Base. The core focus of this phase is to meticulously develop the core zone of the integrated base, which encompasses an advanced steam – cracking unit and multiple downstream units. Scheduled to commence operations by the end of 2025, this initiative will inject robust momentum into the continuous and stable growth of BASF’s business in China. In subsequent phases, the project will methodically expand with additional downstream units, diversifying its product portfolio. Operations are expected to commence gradually from 2028, steadily expanding its business footprint.

Officially announced in July 2018, this project stands as the most substantial investment endeavor in BASF Group’s history, garnering significant attention. By 2030, BASF will have cumulatively invested 10 billion euros in the comprehensive development of the base. Another facility dedicated to the production of thermoplastic polyurethane (TPU) is also earmarked for official commissioning in 2023, poised to introduce more high – quality products to the market.

On September 4, 2023, BASF China officially announced on its official website that the syngas unit of the BASF Zhanjiang Integrated Base had broken ground. This world – class syngas unit will be seamlessly integrated into the overall layout of the integrated base and is projected to commence production in 2025. The electricity required for the unit’s operation will be supplied by the base – specific power grid, with a commitment to achieving 100% renewable energy power supply by 2025, once again highlighting the project’s firm dedication and proactive implementation in green energy adoption.

On the afternoon of February 29, 2024, the People’s Government of Guangdong Province and BASF Group held a grand high – level consultation meeting on the BASF (Guangdong) Integrated Base Project in Zhanjiang. The leaders of both parties jointly attended the grand inauguration ceremony of the base’s integrated technology center, laying a solid and robust foundation for the subsequent efficient progress, enhanced cooperation, and innovative development of the project.