BASF and SINOPEC to build a new production plant for Neopentylglycol
BASF and SINOPEC will build a new world-scale production plant for Neopentylglycol (NPG) at their state-of-the-art Verbund site, BASF-YPC Co., Ltd., 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.
“With this new plant, we are responding to our customers’ growing demand for high-quality neopentylglycol, especially in the Asia Pacific region, and at the same time strengthening our position as the global leading supplier of NPG,” said Sanjeev Gandhi, President, BASF Intermediates division. “We have 55 years of experience in manufacturing and supplying neopentylglycol to our customers across a broad range of industries.”
“With this project, SINOPEC and BASF are fully utilizing their strengths regarding resources, technology, talent and management. Furthermore with this investment we are building on the core competitiveness of both partners,” said Mr. Wang Jingyi, Chairman and General Manager of Sinopec YPC and Chairman of BASF-YPC.
Most read news
Other news from the department manufacturing

Get the chemical industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.
Most read news
More news from our other portals
Last viewed contents
Evonik commences isophorone facilities in China
BASF strengthens performance materials production in China
BASF opens new automotive coatings plant in Shanghai - State-of-the-art facility uses environmentally friendly production processes and technologies
AkzoNobel breaks ground on Decorative Paints site in China

Thyssenkrupp Uhde and Praj Industries Ltd join forces to revolutionize polylactic acid production and circular economy - End-to-end offering for PLA (polylactic acid) production

BASF invests in new semiconductor-grade sulfuric acid plant in Ludwigshafen - New capacity meets growing demand for the manufacturing of chips in Europe

WACKER starts production of hybrid polymers at its Nünchritz site - Expansion measure underscores focus on specialties offering high innovation potential

WACKER commissions new plants for specialty silicones in China - WACKER continues its successful “in China for China” strategy with this expansion

AkzoNobel takes next steps to optimize its European industrial footprint

Shaping light lets 2D microscopes capture 4D data - Invention adds new dimension to fluorescent microscopy

Illinois Tech ‘spinout’ startup Influit Energy has created the world’s first rechargeable, safe, electric fuel - “Discharged fluid can be returned to a recharge/refuel station for recharging or be charged inside the device by plugging into the power source”
