Wednesday, July 08, 2009

BASF and Sinopec to invest US$1.4 bln in expansion at Nanjing

Overshooting the original budget by about 40%, BASF and Sinopec plan to invest US$1.4 bln to expand capacity at Nanjing. Capacity at the steam cracker will be increased to 740,000 tpa by 2011 from thee current 600,000 tpa.

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