"The establishment of this plant is a part of our Asia Pacific's strategy to produce 70% of our Asia Pacific sales in the region. To this end, we will invest EUR 2.3 billion in the Asia Pacific region between 2011 and 2015. At the same time, we are again investing in a chemical production facility that will adhere to our very high global standards of safety while minimizing emissions. This clearly underlines our commitment to sustainable growth in Asia Pacific, said Dr. Albert Heuser, President, Market and Business Development Asia Pacific. "The investment demonstrates our determination to cater to the increasing market demand in China and Asia. We can serve our customers even better with shorter lead time and greater supply reliability. It also reinforces BASF's global leading position in tBA with production in Europe, North America and Asia, said Dr. Guido Voit, Senior Vice President, BASF's Intermediates Asia Pacific. BASF is currently producing tBA in Geismar, USA, and in Antwerp, Belgium.