BASF, the German chemicals company, has begun building two new plants in Pudong, near Shanghai in China. The two facilities, set to open in the 1st quarter of 2008, will be located next to BASF’s existing plants that produce polyacrylate polymers and leather chemicals. One of the new plants will produce specialty chemicals for leather tanning and the other will manufacture polyacrylate polymers. Details of the new investment were not disclosed. The move puts BASF closer to its goal of generating 20 percent of group sales in the chemicals business in the Asia/Pacific region by 2010.