BASF and UPC jointly advance LowPCF solutions across plasticizer value chain

BASF and UPC Technology Corporation (UPC) signed a strategic Letter of Intent (LoI) on LowPCF products. The strategic collaboration aims to accelerate the adoption of BASF’s LowPCF products and support UPC in addressing evolving sustainability requirements.

Bir Darbar Mehta (left), Senior Vice President, Petrochemicals Asia Pacific, BASF, and Ann Bih, President of UPC Group, at the signing ceremony during the BASF & UPC Technology Low Carbon Footprint Strategic Partnership Summit held on September 1, 2026, at UPC's Zhuhai site.

Building on the Memorandum of Understanding (MoU) signed in 2024, the new Letter of Intent represents the next phase of the BASF-UPC partnership.

The agreement further strengthens the long-standing partnership between the two companies and establishes a framework for collaboration on the use of BASF’s LowPCF products, supporting the plasticizer industry's transition towards a lower-carbon future and UPC's commitment to achieving net-zero emissions by 2050.

During the summit, BASF and UPC exchanged insights with downstream customers on sustainability trends, carbon footprint reduction strategies and future opportunities arising from the transition to a lower-carbon economy.

BASF highlighted its upcoming LowPCF oxo alcohols and other sustainable product solutions from its Zhanjiang Verbund site using Verbund integration, process innovations and 100% renewable electricity supply to reduce emissions.

These products come with a cradle-to-gate PCF which is significantly lower than a defined internal or external baseline. This PCF reduction supports customers to reduce their Scope 3.1 emissions in accordance with the Greenhouse Gas Protocol. The product carbon footprint assessment methodology is third-party certified.

Both companies will continue to strengthen their collaboration and expand opportunities to bring innovative LowPCF products to customers across Asia Pacific.