Nanjing, China – BASF and Sinopec have broken ground on an extension to their joint venture site. This will lead to, among other things, more capacity for ethylene oxide, which can be used to make polyols.
No financial details of the expansion were given, but BASF director Markus Kamieth director said: 'BASF-YPC is one of the most successful joint ventures for BASF globally.' The partnership between BASF and Sinopec is more than 20 years old.
'We will deploy state-of-the-art technologies to build the new facilities, which will give us a competitive edge in the dynamic Chinese market,' said BASF Greater China president Jeffrey Lou.