BASF, Sinopec together building neopentylglycol production plant in Nanjing, China.

BASF, Sinopec to build neopentylglycol facility in China

9:36 AM, 6th May 2014
BASF, Sinopec joint venture business

LUDWIGSHAFEN, GERMANY/NANJING, CHINA: BASF and Sinopec will build a new world-scale production plant for neopentylglycol at their state-of-the-art Verbund site, BASF-YPC Co Ltd, a 50-50 joint venture in Nanjing, China. The plant, with a total annual capacity of about 40,000 metric tonne is planned to go on stream at the end of 2015. The new neopentylglycol plant will benefit from backward integration into the Nanjing Verbund site, allowing high delivery reliability and maximizing efficient use of energy and resources.

“With this new plant, we are responding to our customers’ growing demand for high-quality neopentylglycol, especially in the Asia Pacific region, and at the same time strengthening our position as the global leading supplier of neopentylglycol. We have 55 years of experience in manufacturing and supplying neopentylglycol to our customers across a broad range of industries,” said Sanjeev Gandhi, President, Intermediates division, BASF.

 

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