HomeCompany newsBASF and Wankai's Subsidiary Zhengdakai Form Strategic Partnership to Build a Green Chemical Future in Dazhou

BASF and Wankai's Subsidiary Zhengdakai Form Strategic Partnership to Build a Green Chemical Future in Dazhou

2026-01-30

Recently, BASF (China) Co., Ltd., a global leader in the chemical industry, and Sichuan Zhengdakai New Materials Co., Ltd., a wholly-owned subsidiary of Wankai New Materials, officially signed an innovation cooperation memorandum in Dazhou, Sichuan. This marks the beginning of a new chapter in strategic collaboration between the two parties, focusing on green chemicals and innovative materials.

Lou Jianfeng, Chairman and President of BASF Greater China, stated that this partnership will integrate BASF's innovative technologies and sustainable development philosophy with Zhengdakai's local industrial expertise. Together, they aim to promote the green transformation and upgrading of the chemical industry chain, striving to establish a model for high-quality industrial development in Dazhou.

Shen Zhigang, Chairman of Wankai New Materials, emphasized that Sichuan Zhengdakai will leverage Dazhou's abundant natural gas resources and industrial foundation to deepen cooperation with BASF. The collaboration will focus on the research, development, and industrialization of high-value-added innovative chemical materials, aiming to build a more competitive and resilient regional industrial ecosystem and contribute to the establishment of a green chemical and innovative materials industry cluster in Dazhou.

According to the memorandum, the two parties will engage in in-depth cooperation in key areas such as natural gas-based fine chemicals and plastic circular technologies. They will jointly explore the application and commercialization of new technologies and material solutions.

Prior to the signing ceremony, Lou Jianfeng and his delegation visited key local projects, including the Xuanhan Puguang Gas Field Technology Exhibition Hall, the Zhengdakai Advanced Intelligent Manufacturing Industrial Park, and Fangda Dagang. The visits provided an on-site understanding of Dazhou's resource endowment, industrial planning, and investment environment.

Sichuan Zhengdakai New Materials Co., Ltd., established in December 2021 and strategically located in the Puguang Economic Development Zone, Dazhou City, is developing a major production facility with an annual capacity of 1.2 million tons of ethylene glycol (MEG) and 100,000 tons of electronic-grade dimethyl carbonate (DMC). As a key upstream supplier, Zhengdakai's location provides strong logistical synergy with Wankai New Materials 'nearby Chongqing base, which produces 1.8 million tons of bottle-grade polyethylene terephthalate (PET) annually—a downstream product reliant on MEG as a core raw material.

This geographical and industrial linkage enhances supply chain efficiency and supports integrated growth across the green chemical and advanced materials sectors in the region. The partnership with BASF further strengthens this industrial ecosystem by integrating global innovation capabilities and sustainable production technologies, positioning the collaborative venture to accelerate the development of a world-class green chemical manufacturing cluster in Dazhou.