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Good news or bad news for China original PCE ?

BASF to expand integrated ethylene oxide and derivatives complex at its Verbund site in Antwerp. Investment exceeds €500 million and adds 400,000 metric tons per year of production capacity Supporting customers’ growing demand for alkoxylates in the home and personal care industries as well as industrial applications Expanding BASF’s leading position as ethylene oxide and derivatives producer in Europe Sequential start-up of new capacities beginning in 2022 In line with its customer-focused corporate strategy, BASF will expand the capacity of ethylene oxide and ethylene oxide derivatives at its Verbund site in Antwerp, Belgium. The total investment adds about 400,000 metric tons per year to BASF’s production capacity for the corresponding products with an expected investment amount exceeding €500 million. “This significant capacity expansion will enable BASF to support the continuous growth of customers in Europe,” says Hartwig Michels, President Petrochemicals, BASF. The sequential start-up is expected to begin in 2022. The expansion comprises an investment in a second world-scale ethylene oxide line, including capacity for purified ethylene oxide.

Good news or bad news for China original PCE ?

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