Home / Knowledge / News / Textiles / BASF & Sinopec consider expansion of Nanjing polymer plant
BASF & Sinopec consider expansion of Nanjing polymer plant
29
May '13
BASF and SINOPEC are considering the extension of their Nanjing joint venture BASF-YPC Company Limited with the expansion of existing ethylene oxide (EO) production, and a new plant for neopentylglycol (NPG). BASF-YPC will further expand its acrylic acid value chain with additional acrylic acid and butyl acrylate plants. Production is expected to commence in 2014.

Together with the superabsorbent polymer (SAP) plant, now under construction and also expected to begin production in 2014, BASF-YPC Company will enhance its support to the home care and hygiene industries as well as the coatings, textiles, and construction industries.

“With expanded production of important basic chemicals including NPG and EO, our new world-scale acrylic acid facility, and our butyl acrylate and SAP plants, BASF can further strengthen its production base in the C2 and C3 value chains.

"These are the starting points for the full range of innovative solutions we offer to nearly every industry. This underlines our confidence in the development of the Asia Pacific and China markets,” said Dr. Albert Heuser, President Greater China and Functions Asia Pacific, BASF.

“With the strengthened cooperation of our joint venture, Sinopec and BASF will satisfy demand for high-quality fine chemicals that can enhance the quality of life for ordinary people. At the same time, the two companies have fully utilized their strengths in resources, technology, talent, market and management, strengthening the core competitiveness of both partners.

"With this cooperation, Sinopec and BASF have achieved a win-win result and will create further value,” said Mr. Chang Zhenyong, Vice Chief Engineer of Sinopec and Director General of Sinopec Chemical Division .

The partners are considering an expansion of the site’s ethylene oxide unit, which has an existing capacity of 330,000 metric tons per year. EO is a basic chemical mainly used for the production of ethylene glycol, and also for the production of surfactants for washing and cleaning agents, and as a raw material for the production of ethanolamines, glycol ethers and polyurethanes.

Additionally under consideration is a new neopentylglycol unit. NPG is a unique polyalcohol offering superior performance advantages in many end-use applications, due to its high chemical and thermal stability.


Must ReadView All

Textiles | On 18th Aug 2017

Turkey imposes temporary duty on POY from 7 countries

Turkish ministry of economy has announced imposition of provisional...

Textiles | On 18th Aug 2017

GST return filing deadline for transitional credit

For businesses who want to avail the transitional input tax credit...

Apparel/Garments | On 18th Aug 2017

AEPC wants clarity on minimum wages for garment sector

The Apparel Export Promotion Council (AEPC) has urged the Indian...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search