BASF and SINOPEC will expand their Verbund site operated by BASF-YPC Co., Ltd. (BASF-YPC), a 50-50 joint venture of both companies in Nanjing, China. It includes the capacity expansion of several downstream chemical plants, including a new tert-butyl acrylate plant to support the growing Chinese market.
The partners will expand the production capacities of propionic acid, propionic aldehyde, ethyleneamines, ethanolamines and purified ethylene oxide, and build a new tert-butyl acrylate plant. The tert-butyl acrylate plant will be an extension to the downstream using acrylic acid and isobutene of the existing Verbund as feedstock, which marks the first time this advanced production technology is applied outside of Germany. The expanded and new plants are planned to come on stream in 2023.
“SINOPEC and BASF have carried out in-depth and friendly cooperation for a long time, earnestly implemented relevant requirements of the national and local governments to accelerate the transformation and green development of the petrochemical industry, continuously optimized the industrial structure, and promoted further extension of the industrial chain to the downstream,” said Yuefeng Gu, chairman of Sinopec Yangzi Petrochemical Company Limited and BASF-YPC Co., Ltd. “With the expansion of the Verbund site, we will provide more high-end new materials for the domestic market to meet the growing needs of domestic customers and the development of emerging industries.”
“Tert-butyl acrylate as a new product in our portfolio will further strengthen the market position of BASF-YPC,” said Bram Jansen, President of BASF-YPC. “Based on the 20-year success, we are expanding the local capacities to better meet the continually rising demand of our customers.”
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