BASF & Sinopec complete $1.4bn expansion

10 Jan '12

4 min read

Construction of a superabsorbent polymer (SAP) plant with a capacity of 60,000 metric tons per year will begin in mid-2012. Commercial production is planned for the beginning of 2014.

New projects to strengthen the C3 and C4 value chains include the construction of a new acrylic acid facility with a capacity of 160,000 tons per year, a new butyl acrylate plant, as well as a capacity increase at the 2-propyl-heptanol plant.

Sinopec Corp. is a Chinese company listed in Hong Kong, New York, London and Shanghai. The Company is an integrated energy and chemical company with upstream, midstream and downstream operations.

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and agricultural products to oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful.

BASF-YPC Co. Ltd. is a 50-50 joint venture between BASF and Sinopec, founded in 2000, with a total investment of $2.9 billion in the first phase. The groundbreaking for the site, located in Nanjing, Jiangsu Province, took place on September 28, 2001. BASF-YPC Co. , Ltd. successfully started commercial production at a steam cracker as well as nine downstream plants in June 2005.

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