BASF-SINOPEC plan capacity expansion of ethylene steam cracker
19 Mar '08
2 min read
The new activities are expected to come on stream stepwise starting already this year; the cracker expansion is scheduled for 2009/2010.
“The completion of this feasibility study report marks an important step in the cooperation between Sinopec and BASF at BYC. Sinopec will fully support the growth of BYC, which is expected to make significant contribution to meet domestic market demand.” said Wang.
“The expansion of BYC further strengthens our close partnership with Sinopec and makes BYC even more powerful,” said Brudermüller. “The expansion is another significant demonstration of BASF's long-term commitment to China's chemical market.”
Both companies also agreed to integrate another joint operation Yangzi-BASF Styrenics (YBS) in Nanjing into BYC to increase efficiency and make full use of existing synergies.
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