BASF and Sinopec Inaugurate Plants in China
BASF and Sinopec inaugurated two new plants for acrylic acid and superabsorbent polymers (SAP) at their state-of-the-art Verbund site, BASF-YPC Co., Ltd., a 50-50 joint venture in Nanjing, China.
The new plants will further strengthen the C3 (propylene) value chain and serve the growing downstream demand. With an annual capacity of 60,000 metric tons, the new SAP plant will serve growing demand in China for baby diapers, adult incontinence products and feminine care products. Additionally, a new butyl acrylate plant will begin production later this year.
“BASF is investing in Asia Pacific to produce 75% of our Asia Pacific sales locally, in order to ensure faster, more energy-efficient, more reliable supply. With the start-up of these projects, we continue to build on the success of our strong partnership with Sinopec, and reinforce our commitment to serving the hygiene industry in China and Asia as well as around the world,” said Albert Heuser, President, Greater China and Functions Asia Pacific, BASF.
BASF’s “Verbund” system creates efficient value chains that extend from basic chemicals right through to high-value-added products. In addition, the by-products of one plant can be used as the starting materials of another. At the BASF-YPC Verbund site in Nanjing, SAP, butyl acrylate and acrylic acid production will be backward integrated into the manufacturing of C3. This ensures greater supply reliability, energy efficiency, and cost effectiveness, while minimizing energy use and environmental impact.
BASF-YPC Co., Ltd., the 50-50 joint venture between BASF and Sinopec, was founded in 2000, with a total investment of USD 4.5 billion. The integrated petrochemical site produces 3 million tons of high-quality chemicals and polymers for the Chinese market annually. The products serve the rapid-growing demand in multiple industries including agriculture, construction, electronics, pharmaceutical, automotive and chemical manufacturing.
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