Tuesday, December 21, 2010

Sinopec and BASF sign MOU to expand Nanjing Petrochemical JV BASF-YPC

BASF and Sinopec have signed a memorandum of understanding to explore expansion of their integrated petrochemical joint venture, BASF-YPC Co. Ltd., at an investment outlay of US$1 billion. The main prrojects include extension of the C3 and C4 value chains with construction of a 160,000 tpa crylic acid facility, a new butyl acrylate plant, capacity increases at the 2-propyl-heptanol, styrene monomer, and non-ionic surfactants plants as well as a world-scale hydrogen peroxide-propylene oxide (HPPO) facility.

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