BASF has broken ground on a polyethylene (PE) plant at its Verbund site in Zhanjiang, China. The new plant with a capacity of 500,000 metric tons of PE annually will serve the fast-growing demand in China. The plant is scheduled to start up in 2025. “China’s demand for PE has experienced rapid growth and is going to outpace the rest of the world,” said Bir Darbar Mehta, SVP of petrochemicals Asia Pacific at BASF. “With the groundbreaking ceremony, BASF will enter the PE market in China ...