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  • blackoutbuzz blackoutbuzz Oct 11, 2011 1:04 AM Flag

    China JV starts production

    http://www.4-traders.com/BASF-SE-6443227/news/BASF-SE-First-plants-of-BASF-YPC-expansion-in-Nanjing-China-come-onstream-13832441/

    BASF SE : First plants of BASF-YPC expansion in Nanjing China come onstream
    First products shipped from $1.4 billion expansion of Verbund site

    Steam cracker capacity increase completed

    Butadiene extraction plant and non-ionic surfactants plant start operation


    Nanjing, China โ€“ October 10, 2011 โ€“ The first production facilities in the $1.4 billion expansion of BASF-YPC Company Limited have now begun operations.


    Along with the successful completion of the steam cracker expansion, the newly constructed butadiene extraction plant and the non-ionic surfactants plant are now operational.


    "With this expansion, we are now beginning to realize the true potential of BASF-YPC as a 'Verbund' site โ€“ a German term referring to a highly-integrated, highly energy-efficient production complex. At the same time, the chemicals produced here contribute directly to supporting China's energy efficiency goals as outlined in the 12th Five Year Plan," said Dr. Bernd Blumenberg, President, BASF-YPC Company Limited.


    These plants are part of a $1.4 billion investment project which broke ground in September 2009. The project includes the expansion of the existing steam cracker, from 600,000 tons/year to 740,000 tons/year of ethylene, the expansion of three existing plants, and the construction of ten new plants. The products of this second phase will serve multiple industries such as agriculture, construction, electronics, pharmaceutical, automotive and chemical manufacturing.


    The bulk of the remaining plants are expected to come on-stream around the end of 2011.

 
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