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BASF-YPC Co. Ltd successfully Starts up First Chemical Plant in Nanjing, China

Published on 2004-12-23. Author : SpecialChem

BASF-YPC Co. Ltd. (BASF-YPC) has produced its first chemical product: methyl acrylate. The successful start-up of the methyl acrylate plant on December 22, 2004, marks the mechanical completion of the integrated petrochemical site in Nanjing, China, as scheduled for the end of 2004.

"This was the ambitious goal set by BASF and SINOPEC when they established their joint venture in 2000. Our current aim is to start up all 10 plants safely by mid-2005", stated Dr. Bernd Blumenberg, President of BASF-YPC Co. Ltd.

BASF-YPC Co. Ltd., a 50-50 joint venture between BASF and SINOPEC, is an integral part of BASF's strategy in the Asia Pacific region. By 2010, BASF aims to generate 20 percent of its sales and earnings in its chemical activities in Asia Pacific, with 70 percent coming from local production.

In addition to methyl acrylate, BASF-YPC plans to produce other acrylic esters and glacial acrylic acid.

Acrylic acid and acrylic esters are highly versatile monomers that are used in many industrial applications. Methyl acrylate is mainly used as a co-monomer in the manufacture of acrylic fibers. Acrylic esters are also widely used in the manufacture of pressure sensitive adhesives, packaging tapes, construction chemicals, surface coatings as well as exterior architectural latex coatings and paints. Acrylic acid is the most important precursor in the production of super absorbent polymers, the active component of baby diapers and other hygienic products.

About BASF-YPC

BASF-YPC Co. Ltd. is a 50-50 joint venture between BASF and SINOPEC with a total investment of USD 2.9 billion and was established at the end of 2000. Using state-of-the-art technology, the joint venture will build and operate a steam cracker (600,000 metric tons ethylene per year) and nine downstream plants on its 220-hectare site on the Yangtze River. The plants are expected to begin commercial operations in mid-2005. BASF-YPC.will produce about 1.7 million metric tons of high quality chemicals and polymers per year for the rapidly growing Chinese market.

The capacity of the plants at BASF-YPC Co. Ltd. are:

  • Steamcracker (ethylene) 600,000 mt/y
  • Ethylene glycols (EG) 300,000 mt/y
  • Low density polyethylene (LDPE) 400,000 mt/y
  • Acrylic acid (AA) 160,000 mt/y
  • Acrylic esters (AE) 215,000 mt/y
  • C4-oxo-alcohols 250,000 mt/y
  • Formic acid 50,000 mt/y
  • Propionic acid 30,000 mt/y
  • Methyl amines (MA) 30,000 mt/y
  • Dimethyl formamide (DMF) 40,000 mt/y

About BASF

BASF is the world's leading chemical company. Our goal is to grow profitably and further increase the value of our company. We help our customers to be more successful through intelligent system solutions and high-quality products. BASF's portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. Through new technologies we can tap into additional market opportunities. We conduct our business in accordance with the principles of sustainable development. In 2003, BASF had sales of more than €33 billion (circa $42 billion). BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA), New York (BF), Paris (BA) and Zurich (AN).

Source: BASF


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