BASF and Sinopec to build a new NPG-production plant in Nanjing
BASF SE (Ludwogshafen, Germany; www.basf.com) and Sinopec (Beijing, China; www.sinopec.com) will build a new world-scale production plant for Neopentylglycol (NPG) at their state- of-the-art Verbund site, BASF-YPC Co., a 50-50 joint venture in Nanjing, China. The plant, with a total annual capacity of about 40,000 metric tons is planned to go on stream at the end of 2015. The new NPG plant will benefit from backward integration into the Nanjing Verbund site, allowing high delivery reliability and maximizing efficient use of energy and resources.
NPG is a unique polyalcohol offering superior performance in many end-use applications such as coatings, textiles and construction due to its high chemical and thermal stability. It is mainly used as a building block in polyester resins for coatings, unsaturated polyester and alkyd resins, lubricants and plasticizers. As the global market leader, BASF has NPG production facilities in Ludwigshafen, Germany; Freeport, Tex. and Jilin, China.