MOSCOW (MRC) -- BASF and Sinopec are further expanding their joint Verbund site in Nanjing, China. It is manufactured by BASF-YPC Co., Ltd. (BASF-YPC), a 50:50 joint venture between the two companies, said Chemie-zeitschrif.
The capacities of several downstream chemical plants will be expanded for the growing Chinese market. This also includes the construction of a new tertiary butyl acrylate plant.
The partners want to expand the production capacities for propionic acid, propionaldehyde, ethylene amines and ethanol amines as well as for high-purity ethylene oxide and build a new tertiary butyl acrylate plant. This expands the network by using acrylic acid and isobutene from existing plants as raw materials. This state-of-the-art production technology is being used outside of Germany for the first time. The expanded and new facilities are scheduled to go into operation in 2023.
"SINOPEC and BASF have been working closely and in partnership for a long time, have implemented relevant requirements of national and local governments to accelerate the transformation of the petrochemical industry, continuously optimized the industrial structure and promoted the further development of customer-oriented growth markets," says Yuefeng Gu, Chairman of SINOPEC Yangzi Petrochemical Co.,Ltd. and BASF-YPC Co.,Ltd. "With the expansion of the Verbund site, we will provide more high-quality and new materials for the Chinese market to meet the growing demand of our domestic customers and support the development of new industries."
As per MRC, BASF completed the installation and start-up of a state-of-the-art acrylic dispersions production line in Dahej, India, serving the coatings, construction, adhesives, and paper industries for the South Asian markets.
As per MRC, BASF completed a double-digit million euro investment to increase production capacity for Tinopal CBS optical brighteners at its Monthey site. Following phase one of the stepwise capacity increase in 2021, the recent completion of the investment program has now brought significantly increased capacity on stream to meet growing global customer demand.
BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries.
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