The BASF bonded logistics and processing project of imported building materials is funded by Sichuan Weierda Chemical Company, Shaanxi Weierda Decoration Material Company and Germany's BASF, which is one of the global Top 500 enterprises.
The project is located in the Xi'an Bonded Area, covering an area of about 75 mu (about five hectares), with an investment of 200 million yuan ($32.3 million), and includes building bonded warehouses for Polystyrene, heat-insulation material processing workshops, and also buildings where research and development will be conducted.
The operations of Shaanxi Weierda Decoration Material Company focus on the sale of decoration materials including heat-insulation and energy-saving decoration boards and fluorocarbon paint, and it is also involved in interior decorating . The company is also a major seller of fluorocarbon paint, polyurethane car coating and UV paint, and aims to develop new products with independent intellectual property rights. The company has gained national patents for its products -such as the VRD heat-insulation and energy-saving decoration board.