- In February 2023, Covestro AG announced the construction of the largest TPU facility in Zhuhai, South China. This expansion, occurring in three phases and slated for completion by 2033, aims to reach an annual capacity of 120 thousand tons of TPU polyurethane, bolstering production capabilities
- In May 2020, BASF SE commenced the development of electronics plastics compounding and TPU plants in Zhanjiang, China, as part of its advanced chemical manufacturing facility ('Verbund'). These facilities, the first on-site, will enhance support for Southern China's market and global clientele, promoting proximity and productivity
- In August 2022, RODIM, a BASF SE brand, introduced its new invisible TPU paint protection film (PPF) in the Asia Pacific region. Engineered to deliver comprehensive and enduring protection for automotive coatings, the innovation underscores BASF's commitment to TPU advancements in the market
