BASF and Sinopec to Build a Production Plant for Neopentylglycol in China
BASF SE, Ludwigshafen/Germany, and Sinopec, Chaoyang District Beijing/China, 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.
NPG is a unique polyalcohol that is mainly used as a building block in polyester resins for coatings, unsaturated polyester and alkyd resins, lubricants and plasticizers.
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