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Comment Business & Economics

BASF & Sinopec to further expand Nanjing JV

By Gerald Ondrey |

On the eve of the 10th anniversary of BASF-YPC, BASF and Sinopec have signed a Memorandum of Understanding to jointly explore the further expansion of their integrated petrochemical joint venture, BASF-YPC Co. The new projects under consideration will extend the C3 and C4 value chains, including the construction of a new acrylic acid facility with a capacity of 160,000 ton/yr, a new butyl acrylate plant, as well as capacity increases at the 2-propyl-heptanol, styrene monomer, and non-ionic surfactants plants. The superabsorbent polymers (SAP) plant, to be constructed as the final part of the ongoing expansion project, will be supplied with feedstock from the acrylic acid facility. A new world-scale hydrogen peroxide-propylene oxide (HPPO) facility is also included in the new investments under consideration. The new investments under consideration collectively total approximately $1 billion. The final scope of the investments under consideration will be determined following joint feasibility studies for each of the projects.
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