Industryweek 3547 Basf China Promo
Industryweek 3547 Basf China Promo
Industryweek 3547 Basf China Promo
Industryweek 3547 Basf China Promo
Industryweek 3547 Basf China Promo

BASF, Sinopec to Build New Plastics Plant in China

Jan. 22, 2013
The isononanol plant will open in 2015.

FRANKFURT -- BASF (IW 1000/33), the world's biggest chemicals maker, said on Tuesday it is planning to build a new plastics plant with China Petroleum & Chemical Corporation (Sinopec) in Maoming, south China.

The two partners have completed a joint feasibility study for a giant isononanol plant and will now form a 50-50 joint venture, called BASF IMPCC, to operate it, the German group said.

Production is scheduled to begin at the site in mid-2015.

Isononanol is used to make plasticizers.

BASF and Sinopec already jointly operate BASF-YPC, a petrochemicals joint venture, in Nanjing, China, which produces a wide range of chemicals for the rapidly growing Chinese market.

Copyright Agence France-Presse, 2013

Popular Sponsored Recommendations

Customer-centric Discovery Experiences Reduce Sales and Content Management Costs by 15%

Sept. 11, 2023
In this article, research and analysis is provided on the results of developing product discovery experiences in the B2B sales process. In addition, it provides details on how...

The Supply Chain of Tomorrow

May 22, 2023
A control tower enables proactively managing complex supply chains in real time and achieving new efficiencies through connected visibility, continual improvement, and predictive...

2023 Recruiting Trends in Manufacturing

March 8, 2023
What does the future hold for recruitment in the manufacturing industry? Gem surveyed nearly 100 seasoned talent acquisition professionals in manufacturing to understand their...

Discover how cloud-based PLM with Teamcenter X drives innovation and collaboration

May 4, 2023
Manufacturers face challenges to stay competitive in a rapidly changing world. Discover how PLM software enables manufacturers to harmonize their teams with a single software ...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!