Bisphenol A and PC start ramping up mode! PA6 rebounds and rises!


Release time:

2023-06-06

Recently, in the park of BASF (China) Co., Ltd. located in Pudong New Area, Shanghai, the BASF "Characteristic Materials Asia Pacific Engineering Plastic Innovation Center Product Development and Component Testing Laboratory" was officially unveiled. The reporter learned on site that this is after BASF completed the acquisition of Solvay Polyamide (PA6.6) business in January this year, and then integrated its related research and development centers. It is reported that BASF plans to integrate the Solvay R&D center into its existing R&D facilities in Shanghai, China and Seoul, South Korea, in order to enhance its R&D capabilities, enhance its position as a solution supplier, and develop advanced material solutions for key industries. China remains our main polyamide market, and after the merger, the production and research and development of polyamides in China will expand. "Long Zhiqiang, Global Vice President of BASF's Asia Pacific Specialty Materials Department, said in an interview with reporters that after BASF completes its acquisition of Solvay's polyamide business, it can better serve customers and the market in China. He revealed that after the merger and acquisition, China accounted for over 50% of the acquired polyamide business, and the annual production of polyamide will also increase from 120000 tons to 170000 tons, becoming the largest polyamide factory in the Asia Pacific region of the enterprise. We will continue to promote innovation and overall research and development, merging polyamide research and development capabilities with BASF's global research and development network, achieving a synergistic effect of 1+1>2. "Long Zhiqiang said that in the second and third quarters of this year, BASF's performance gradually recovered, and the merged Solvay's polyamide business will have a significant positive impact on BASF. It is expected that the overall performance this year will be better than last year. Price adjustment dynamics The transaction status of Mosu Trading Platform, PA6 universal price index: 11285 yuan/ton, an increase of 158 yuan/ton compared to the previous trading day; PA6 low viscosity price index: 11225 yuan, an increase of 150 yuan/ton compared to the previous trading day; PA66 universal price index: 27600 yuan/ton, an increase of 334 yuan/ton compared to the previous trading day!

Recently, in the park of BASF (China) Co., Ltd. located in Pudong New Area, Shanghai, the BASF "Characteristic Materials Asia Pacific Engineering Plastic Innovation Center Product Development and Component Testing Laboratory" was officially unveiled. The reporter learned on site that this is after BASF completed the acquisition of Solvay Polyamide (PA6.6) business in January this year, and then integrated its related research and development centers.
It is reported that BASF plans to integrate the Solvay R&D center into its existing R&D facilities in Shanghai, China and Seoul, South Korea, in order to enhance its R&D capabilities, enhance its position as a solution supplier, and develop advanced material solutions for key industries.
China remains our main polyamide market, and after the merger, the production and research and development of polyamides in China will expand. "Long Zhiqiang, Global Vice President of BASF's Asia Pacific Specialty Materials Department, said in an interview with reporters that after BASF completes its acquisition of Solvay's polyamide business, it can better serve customers and the market in China. He revealed that after the merger and acquisition, China accounted for over 50% of the acquired polyamide business, and the annual production of polyamide will also increase from 120000 tons to 170000 tons, becoming the largest polyamide factory in the Asia Pacific region of the enterprise.
We will continue to promote innovation and overall research and development, merging polyamide research and development capabilities with BASF's global research and development network, achieving a synergistic effect of 1+1>2. "Long Zhiqiang said that in the second and third quarters of this year, BASF's performance gradually recovered, and the merged Solvay's polyamide business will have a significant positive impact on BASF. It is expected that the overall performance this year will be better than last year.
Price adjustment dynamics
The transaction status of Mosu Trading Platform, PA6 universal price index: 11285 yuan/ton, an increase of 158 yuan/ton compared to the previous trading day; PA6 low viscosity price index: 11225 yuan, an increase of 150 yuan/ton compared to the previous trading day; PA66 universal price index: 27600 yuan/ton, an increase of 334 yuan/ton compared to the previous trading day!

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