Sinopec and BASF are considering further expansion of the Nanjing joint venture
Sinopec and BASF, the world's leading chemical company, are considering further expansion of the Nanjing joint venture Yangzi Petrochemical BASF Co., Ltd. (Yangba company) by expanding the existing ethylene oxide plant and building a new set of neopentyl glycol. In fact, safety and environmental protection is a necessary device for their own development. At the same time, Yangba company will also strengthen the acrylic acid value chain by adding acrylic acid units and butyl acrylate units. Coke prices in other regions are weak. These two units are planned to be put into operation in 2014
together with the superadsorptive resin unit (SAP) under construction, it is also expected to start production in 2014. Yangba company will strengthen its support to the home care and health industry, coating, textile and construction industries
president of BASF Asia Pacific (functional management), Dr. Hou Yuzhe, President and chairman of Greater China, said: "By expanding important chemical intermediates and basic raw materials such as ethylene oxide and neopentyl glycol, together with world-class acrylic acid devices, butyl acrylate devices and super absorbent resin devices, BASF can further strengthen its position as the production base of the C2 and C3 value chain. These actions are the starting point for us to provide all-round innovative solutions to almost all industries, highlighting our commitment to the development of the Asia Pacific region and the Chinese market Confidence. "
Chang Zhenyong, deputy chief engineer of Sinopec and director of chemical business department, said: "By deepening the joint venture and cooperation, Sinopec and BASF have not only met the social demand for high-end fine chemicals, improved the quality of life of the public, but also further brought into play the advantages of resources, technology, talents, market and management of both sides, and enhanced their core competitiveness. Through the cooperation, Sinopec and BASF have achieved a win-win situation and value growth."
both parties are considering expanding the capacity of the existing ethylene oxide plant, which has a capacity of 330000 tons/year. Ethylene oxide is a basic chemical, which is mainly used to produce ethylene glycol. It can also be used to produce surfactants for detergents and detergents, and can also be used as raw materials for ethanolamine, ethylene glycol ether and polyurethane products
in addition, a new neopentyl glycol unit is also under consideration. Due to its excellent chemical and thermal stability, neopentyl glycol is a unique polyol that can show excellent performance in several terminal applications. It is mainly used as the basic raw material of polyester resin coating, unsaturated polyester, lubricating oil and plasticizer products. As the world's leading producer of neopentyl glycol, BASF is the only enterprise with production facilities in Europe, North America and Asia at the same time. Because its production benefits from reverse integration, BASF brings customers a highly reliable supplyDr. kediwen, President of youngba company, said, "we see the huge market potential of these products in China and surrounding regions. These modern devices settled in Nanjing will further strengthen our integration base."
the construction of the super absorbent resin device of Yangba company broke ground in May, 2012. The unit capacity is 60000 tons/year. Super absorbent resin is a kind of material that can absorb and store 500 times the self weight liquid even under pressure. This product is white powder and is mainly used in the production of baby diapers, adult diapers and female hygiene products
acrylic acid is an important raw material for the production of super absorbent resin. Butyl acrylate is a kind of acrylate, which is used as the raw material for the production of adhesives and surface coatings
Yangzi Petrochemical BASF Co., Ltd. is a joint venture established by BASF and Sinopec in 2000 with a 50:50 investment ratio
Sinopec is one of the largest integrated energy and chemical companies in China, mainly engaged in oil and gas exploration and development, petroleum refining and oil sales, chemical product production and sales, petroleum and refining engineering services, international trade and scientific and technological research and development. Sinopec is the largest oil refining producer in Asia, the second largest in the world, and the fourth largest ethylene producer in the world. The total number of gas stations has reached 30000, ranking second in the world. In October 2000 and August 2001, H shares and a shares were issued successively, and listed in Hong Kong, New York, London and Shanghai respectively. Sinopec ranked fifth among Fortune Global 500 enterprises in 2012. Official website:
BASF is the world's leading chemical company: thechemical company. The products of the company cover chemicals, plastics, neutral products of tezai and Chery Automobile, crop protection products, and crude oil and natural gas. We combine economic success with social and environmental protection. Through science and innovation, we help customers from all walks of life to meet the current and future social needs. Our products and system solutions have contributed to protecting resources, ensuring nutrition and improving the quality of life. Our corporate purpose summarizes such contributions: "creating new chemical effects - chasing him adds:" but seeking the future of sustainable development ". BASF's global sales in 2012 were about 72.1 billion euros, and its employees were about 110000 by the end of 2012.
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