Group 1 - BASF's Shanghai thermoplastic polyurethane (TPU) production facility has obtained production qualifications for Elastollan® FR TPU, offering a full range of flame-retardant solutions including Elastollan® FHF and Elastollan® FR specifications [2] - The local supply of Elastollan® FHF products was successfully achieved in 2023, and the mass production of the upgraded flame-retardant Elastollan® FR products provides customers with materials that have superior flame-retardant performance suitable for harsher application conditions [2] - With the localization of FHF and FR product specifications, BASF's Shanghai TPU plant can now provide a complete range of flame-retardant TPU products for the Asia-Pacific market, supporting key cable applications in high-growth sectors such as industrial automation, robotics, and new energy vehicle charging stations [2] Group 2 - The demand for high-end flame-retardant cable materials is surging as China's industrial automation, smart manufacturing, and new energy vehicle industries are in a rapid development phase [2] - BASF's upgrade and production launch at its Shanghai facility aligns precisely with domestic market demands, providing essential material support for the high-quality development of related industries [2]