BASF計画

ＪＶ名　：　BASF-YPC (Yangzi Petrochemical Corp) Company Ltd

当事者：　ＢＡＳＦ：５０％
　　　　　　 中国側：５０％（ＳＩＮＯＰＥＣ、揚子石化、江蘇省当局）　

立地：　江蘇省南京市

原料：　ナフサ　（金陵石化　１６０万トン体制確立）

生産開始：２００５年６月

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2005/6/28 BASF-YPC

The Company Successfully Starts Up Verbund Site(2005-06-28)
http://www.basf-ypc.com.cn/en/news/news_detail.php?newsid=109

BASF-YPC Company Limited, a 50-50 joint venture between BASF and SINOPEC, has successfully started commercial production at a steam cracker as well as nine downstream plants at its Nanjing site in China as planned. The 220-hectare site will produce 1.7 million metric tons of high-quality chemicals and polymers per year for the rapidly growing Chinese market. A total of $2.9 billion has been invested in the construction of the integrated Verbund site.

BASF and SINOPEC Joint Venture Officially Starts

BASF-YPC plans to expand the capacity of cracker to 750 kt in Nanjing

BASF and SINOPEC sign $500 million agreement to expand Nanjing site

BASF and SINOPEC sign agreement on feasibility study for the expansion of the Nanjing site

BASF-YPC mulls relocation, environment concerns on flaring

Merger of BASF, Sinopec's Nanjing JVs in progress

BASF and SINOPEC submit feasibility study for $900 million expansion of Nanjing site

　　　China approves expansion of Sinopec-BASF joint venture

BASF and SINOPEC to further expand Nanjing joint venture

First plants of BASF-YPC expansion in Nanjing China come onstream

BASF and Sinopec complete second phase of Nanjing investment, announce new plans for expansion

BASF and SINOPEC sign MoU to explore building a world-scale isononanol plant in Maoming
　

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計画能力　（単位：トン）：

ＳＭ　300,000、ＰＳ　209,000　は今回は未実施

　ナフサクラッカーは　Shaw　Group の Stone & Webster, Inc. (S&W)が受注

　ＴＥＣ受注
　　年産１６万トン・アクリル酸及び年産２１．５万トン・アクリル酸エステルと、
　　年産２５万トン・オキソアルコールの２つのプラント　

　BASF-ＹＰＣ 社、中国・南京でのＤＭＦ生産能力を増強　

　20-Year Development of Yangzi Petrochemical

　China's Yangzi selling BASF-YPC's products to its customers

(People’s Daily December 09, 2000)

Sinopec, BASF Launch Joint Venture in Nanjing

China Petroleum and Chemical Corporation (Sinopec Corp) and Germany's BASF AG Friday, December 8, launched a US$3-billion joint venture to build and operate an integrated petrochemical site in Nanjing, East China's Jiangsu Province.

The 50-50 joint venture, BASF-YPC (Yangzi Petrochemical Corp) Company Ltd, is the second largest Sino-foreign chemical company after a US$4-billion project in Guangdong Province of the China National Offshore Oil Corp and the Royal Dutch/Shell Group, which was established in October.

　

(2001/2/6　ＢＡＳＦ発表）

BASF-YPC and Shaw sign contract for the construction of a steam-cracker
　　　http://www.basf.com/basf-canada/newspress/feb6.pdf

BASF-YPC Company Ltd. today awards a contract to The Shaw Group Inc. for the engineering, procurement, and construction of its 600,000 metric tons-per-year steam cracker and related facilities to be built in Nanjing, China.
Under the contract, Shaw’s subsidiary, Stone & Webster, Inc. (S&W), will be responsible for the engineering, procurement and construction services. Construction will be subcontracted to a Chinese company. Certain plant equipment and materials included in Shaw’s July 2000 purchase of Stone & Webster’s assets will be utilized for this project.

2002/8/19　東洋エンジニアリング

ドイツ・中国合弁の総合石油化学コンビナート向けに
　　　ＴＥＣが大型ＥＰＣプラント２件を同時受注
　　　　　http://www.toyo-eng.co.jp/jp/news/source/020819-j.htm

東洋エンジニアリングは、三井物産と丸紅の協力を得て、世界最大級の総合化学グループであり、中国を重要な戦略市場としているドイツＢＡＳＦ社と、中国最大の総合石油化学企業ＳＩＮＯＰＥＣ社が折半で出資した合弁会社、ＢＡＳＦ−ＹＰＣ社（BASF-YPC Company Ltd.）が中国江蘇省・南京にて計画を進めている総合石油化学コンビナート向け、年産１６万トン・アクリル酸（AA）及び年産２１．５万トン・アクリル酸エステル（AE）と、年産２５万トン・オキソアルコール（OXO）の２つのプラントの国際入札に応札して商談を進めていましたが、この程合意に達し２つのプラントを同時に受注いたしました。

Asia Chemical Weekly 2005-4-17

China's Yangzi selling BASF-YPC's products to its customers

China's Yangzi Petrochemical will buy some products from BASF-YPC Co and sell it to its own customers, the company informed the Shenzhen Stock Exchange on Tuesday. It will also act as an exclusive domestic agent for some of the BASF-YPC products, the company added in the statement.

Yangzi, a Sinopec subsidiary, said it would buy monoethylene glycol (MEG) and BTX (benzene, toluene and mixed xylenes) from BASF-YPC, and sell them to its own customers. Yangzi is also a producer of MEG and BTX.

It is expected to buy 400,000 tonne of MEG and BTX worth an estimated Rmb2.81bn ($339.5m/Euro261.4m) from BASF-YPC this year. In return, BASF-YPC will make a one-time payment of $9.8m (Euro7.5m) to Yangzi as a "market transfer" fee.

BASF-YPC, which is starting up its 600,000 tonne/year cracker complex at Nanjing in Jiangsu province, will have the capacity to produce 300,000 tonne/year of MEG and 326,000 tonne/year of BTX. The company expects all of its units to start commercial production within the first half of this year.

Separately, Yangzi will act as the exclusive domestic marketing agent for BASF-YPC's low-density polyethylene (ldPE) and pyrolysis products such as propylene and asphalt. It will buy a total of 448,000 tonne of these this year for a handling fee of about Rmb40m.

BASF-YPC will have an ldPE capacity of 400,000 tonne/year when the plant comes onstream, and its pyrolysis products will have a combined capacity of 224,000 tonne/year.

Yangzi said the agreement would reduce marketing competition between both companies since they are producing common products, and help it increase its market share.

As an agent, Yangzi will be responsible for helping BASF-YPC look for customers at a fee. Yangzi currently has no ldPE production.

It is required to explain these connected transactions to the Shenzhen Stock Exchange as it is one of the shareholders of BASF-YPC.

BASF-YPC's marketing staff who are handling the above products will remain to collect market intelligence and oversee the transactions with Yangzi.

2005/9/28　BASF 　　　　　　BASF targets 10 percent of global chemical sales in China by 2010

BASF and SINOPEC Joint Venture Officially Starts
http://www.corporate.basf.com/en/presse/mitteilungen/pm.htm?pmid=1991&id=SK-QV7UwJbcp2Gv

BASF and SINOPEC announced the official opening of their Verbund site in Nanjing, China, at a joint news conference today. The new Verbund site is being run by BASF-YPC Co. Ltd. and is the largest petrochemical project between SINOPEC and a foreign company, with a total investment of $2.9 billion.


Due to the smooth and successful start-up, BASF and SINOPEC will invest in additional downstream plants and in the expansion of the steam cracker at their joint venture site in Nanjing to further strengthen the Verbund synergies. The expansion plans were announced today before the opening ceremony.

Further details on the timing of the expansion and on the capacities of the additional plants will be disclosed soon.

2005/10/2 Asia Chemical Weekly

BASF-YPC plans to expand the capacity of cracker to 750 kt in Nanjing

On 28 Sep., BASF and Sinopec held the inauguration of the BASF-YPC jv in Nanjing, Jiangsu Province. The jv is one of the largest petrochemical project between Sinopec and a foreign company, with a total investment of $2.9 billion.

Industrial source learned that BASF-YPC plans to expand its capacity of petrochemical complex by 25% to 750 kt/a from the current 600 kt/a. The expansion was expected to conduct in 2008-2009. It will be in line with the scheduled maintenance of the jv cracker.

The cracker was first commissioned in April 2005, and began commercial production in June. The complex currently has an annual output capacity of 1.7 Mt of chemicals and polymers.

Naphtha feedstock for the BASF-YPC cracker, estimated at 1.8-2.0 Mt/a, is mostly sourced by Sinopec Jinling 金陵refinery in Nanjing; and the rest of naphtha feedstock depends on imports.

Sinopec Jinling refinery plans to output 1.94 Mt of naphtha in 2005, and about 65% of the output will be supplied to the BASF-YPC complex. Jinling refinery has crude processing capacity of 13.5 Mt/a, it supply naphtha feedstock to BASF-YPC cracker by a pipeline.

BASF aims to achieve 10% of its global chemical sales and earnings in China by 2010.

2006/7/10 BASF

BASF and SINOPEC sign $500 million agreement to expand Nanjing site

Expanding cracker capacity by 25 percent
Extending downstream capacities
Underlining long-term partnership between BASF and SINOPEC

BASF and China Petroleum & Chemical Corporation (SINOPEC Corp.) today signed a $500 million (4 billion RMB) agreement to expand their joint chemical Verbund site in Nanjing.

The agreement was formalized by Mr. Chen Tonghai, Chairman of China Petroleum & Chemical Corporation (SINOPEC Corp.), and BASF’s Chairman of the Board of Executive Directors, Dr. Jurgen Hambrecht, during a signing ceremony in Berlin.

The new activities are expected to come on stream in 2009.

Both companies also agreed to integrate their second joint operation Yangzi-BASF Styrenics (YBS) in Nanjing into BASF-YPC Co. Ltd. to increase efficiency and make full use of existing synergies.

2006/9/14 BASF

BASF and SINOPEC sign agreement on feasibility study for the expansion of the Nanjing site
German Chancellor Angela Merkel and Chinese Premier Wen Jiabao support joint project

BASF and SINOPEC today signed an agreement on the preparation of a technical and commercial feasibility study for the planned expansion of their joint Verbund site in Nanjing, China.

Mr. Chen Tonghai, Chairman of China Petroleum & Chemical Corporation (SINOPEC Corp.), Dr. Jurgen Hambrecht, Chairman of the Board of Executive Directors of BASF Aktiengesellschaft, and Dr. Martin Brudermuller, BASF Board member responsible for Asia Pacific, signed the agreement in Berlin in the presence of German Chancellor Angela Merkel and Chinese Premier Wen Jiabao.

The agreement advances BASF and SINOPEC’s earlier commitment, announced on July 10, 2006, to invest well above $500 million expanding their production facilities at their 50-50 joint venture in Nanjing ? BASF-YPC Co. Ltd. The companies plan to expand the capacity of the steam cracker and invest in additional downstream plants to further strengthen synergies at the site. The new activities are expected to come on stream in 2009.

2008/1/14 Platts

Merger of BASF, Sinopec's Nanjing JVs in progress

A planned merger of German-Sino petrochemicals companies BASF-YPC Co. Ltd. and Yangzi-BASF Styrenics was in process, although there was no definitive time for its completion, a BASF executive said Friday.

BASF AG announced its intention to integrate the two Nanjing-based companies in July 2006.



BASF-YPC has the capacity to produce 600,000 mt/year of ethylene and plans are under way to add another 150,000 mt/year by 2009. Its derivative plants comprise assorted amine, oxo-alcohol, glycol and polyolefin facilities. YBS has the capacity to produce 130,000 mt/year of ethylbenzene, 120,000 mt/year of styrene monomer, 200,000 mt/year of polystyrene and 52,000 mt/year of EPS. BASF and Sinopec have equal shares in BASF-YPC, but BASF has a larger (60%) stake in YBS.

2008/3/19 BASF

BASF and SINOPEC submit feasibility study for $900 million expansion of Nanjing site

• Significant step forward for strategic downstream products expansion
• New activities to come on stream stepwise starting in 2008, cracker expansion planned for 2009/2010

BASF and China Petroleum & Chemical Corporation (Sinopec Corp.) today submitted the technical and commercial feasibility study for the approval of the planned $900 million expansion of their joint chemical Verbund site in Nanjing to the Chinese government. The site is operated by the joint venture BASF-YPC Co. Ltd. (BYC).

The completion of the study was formalized by Wang Tianpu, President of China Petrochemical Corporation (Sinopec Group) and Dr. Martin Brudermüller, member of the Board of Executive Directors of BASF SE, at a signing ceremony in Beijing today.

The main pillars of the expansion are:

The new activities are expected to come on stream stepwise starting already this year; the cracker expansion is scheduled for 2009/2010.

“The completion of this feasibility study report marks an important step in the cooperation between Sinopec and BASF at BYC. Sinopec will fully support the growth of BYC, which is expected to make significant contribution to meet domestic market demand.” said Wang.

“The expansion of BYC further strengthens our close partnership with Sinopec and makes BYC even more powerful,” said Brudermüller. “The expansion is another significant demonstration of BASF’s long-term commitment to China’s chemical market.”

Both companies also agreed to integrate another joint operation Yangzi-BASF Styrenics (YBS) in Nanjing into BYC to increase efficiency and make full use of existing synergies.


About BASF-YPC
BASF-YPC Co. Ltd. is a 50-50 joint venture between BASF and Sinopec, founded in 2000, with a total investment of $2.9 billion in the first phase. The groundbreaking for the site, located in Nanjing, Jiangsu Province, took place on September 28, 2001. BASF-YPC Co. Ltd. successfully started commercial production at a steam cracker as well as nine downstream plants in China in June 2005. These plants are interconnected in order to use products, by-products and energy in the most efficient way, to save cost and minimize environmental impact. The site produces high-quality chemicals and polymers for the rapidly growing Chinese market. The site also has a gas-fired power plant and an international port on a tributary of the Yangtze River to ensure optimum energy supply and logistics.

2009/7/7

Chinese government approves expansion of Nanjing joint venture chemical site by BASF and SINOPEC

*Joint investment of $1.4 billion
*Expansion to be operational from 2011 onwards

The Chinese central government has approved the Joint Feasibility Study Report submitted by BASF and SINOPEC for the expansion of their joint venture, BASF-YPC Co., Ltd. (BYC), in Nanjing, China, as of July 1, 2009.

BASF and Sinopec will jointly invest approximately $1.4 billion in state-of-the-art technologies to produce downstream specialty chemicals for the Chinese market, serving multiple industries such as construction, electronics, pharmaceutical, automotive and chemical manufacturing.

The investment, which includes the expansion of the existing steam cracker, the construction of 10 new chemical plants, and the expansion of three existing plants, will strengthen the market competitiveness of the joint venture by broadening the product scope and further leveraging the advantages of the integration.

Dr. Martin Brudermuller, member of the Board of Executive Directors of BASF SE responsible for Asia Pacific, said, “The economically successful operation of the joint venture over the four years since startup has shown that close cooperation benefits both parties. The expansion of BYC underscores our strong belief in the growth opportunities of the Chinese market and is another milestone in cooperative development. At the same time, it demonstrates BASF’s long-term commitment to China and will further expand our competitive advantage. With the products from our plants, we will be able to help our customers in China make their industries, businesses and homes more energy efficient.”

Mr. Wang Tianpu, President of Sinopec, said, “The expansion conforms with China’s revitalization plan for the petrochemical industry, fosters the integration of BYC , broadens the portfolio of downstream products in Nanjing, meets the increasing demands in the East China region, and promotes the upgrading of China’s petrochemical industry. With this step, BYC will be among the most competitive sites of Sinopec operations.”

The final approved project scope includes the following:
*The expansion of the existing steam cracker to a total of 740,000 metric tons per year of ethylene
* The development of an integrated ethylene oxide (EO) derivatives value chain, including:
　　 The expansion of the existing EO plant and the construction of a new EO purification unit
　　 The construction of EO derivatives plants, including a new butyl glycol ether plant, a new non-ionic surfactants plant,
　　 and a new amines complex for the production of ethanolamines, ethyleneamines and dimethylethanolamine,
　　 and the construction of a new DMA3 plant
*The extension of the acrylics value chain with the construction of a new super-absorbent polymer (SAP) plant
*The expansion of the existing propionic acid and aldehyde plants
*The expansion of the existing oxo-C4 plant
*The development of an integrated C4 complex, including a butadiene extraction plant, a 2-propylheptanol plant, an isobutene extraction plant, and a plant for highly reactive polyisobutene.

Engineering work for the expansion is in full swing. The routine cracker turnaround scheduled for 2010 will be used to tie in the expansion modules and integrate the production processes. The startup will take place in a staggered approach and the expansion will be operational from 2011 onwards.

Simultaneously, Yangzi-BASF Styrenics Co., Ltd. (YBS), another joint venture in Nanjing between the two partners, is being merged into BYC to further increase synergies in Nanjing operations. YBS produces styrene monomer, polystyrene and expandable polystyrene .

2009/10/14　上海発

BASF-YPC、南京でエチレン増強の建設開始

BASFとシノペックは9月28日、南京市の南京化学工業園でエチレン増強計画の建設を開始した。

総額14億ドルを投じるもので、エチレンの公称能力を既存の60万トンから74万トンに増強し、合わせてEOや高吸水性樹脂などの新設を行う。

両社の50/50JVのBASF-YPCは本年7月1日にNDRCから増設計画の承認を取得した。2011年にスタートの予定。
当初は2009年下期か2010年上期のスタートを予定していた。

BASFは当初、グローバルな経済危機と需要の伸び悩みを理由に本計画と、重慶市でのMDI新設計画を延期するとしていた。

しかし、BASFは9月29日、「アジア太平洋の2020年戦略」を発表した。

　・2020年まで毎年、アジア太平洋化学市場よりも平均で2%ポイント高い成長を目指す。
　・販売の70%は同地で生産する。
　・最低5,000人を増員（15,000人→20,000人）
　・2009-2013年で20億ユーロを投資
　・効率改善で2012年までに年間1億ユーロの合理化

同社では地域市場の伸び率を4-5%と予想しており、2%ポイント高い成長により、2020年までに売上を倍増する。

2013年までの20億ユーロの投資には、BASF-YPCの14億ドルの増設計画の50%持分と、重慶のMDI 40万トン計画（2014年初めの商業運転を目指す）を含んでいる。

業界筋によれば、BASF-YPCの今回の増設計画の内容は以下の通りとなっている。

　エチレン：　600千トンから740千トンへ増強
　EO（新設）：　80千トン
　高吸水性樹脂（新設）：　60千トン
　非イオン性界面活性剤（新設）：　60千トン
　ブタジエン抽出（新設）：　100千トン〜120千トン
　イソブテン（新設）：　80千トン
　ポリイソブテン（新設）：　50千トン

2010-12-17　

BASF and SINOPEC to further expand Nanjing joint venture

既報　　増強計画申請　 　　　　　China approves expansion of Sinopec-BASF joint venture BASF-YPC、南京でエチレン増強の建設開始

• BASF-YPC celebrates 10-year anniversary with new expansion plans
• MoU includes both construction of new plants and capacity increase of existing plants
• Operations and products contribute to the sustainable development of China

On the eve of the 10^th anniversary of BASF-YPC, BASF and SINOPEC have signed a Memorandum of Understanding to jointly explore the further expansion of their integrated petrochemical joint venture, BASF-YPC Co., Ltd.

The new projects under consideration will extend the C3 and C4 value chains, including the construction of a new acrylic acid facility with a capacity of 160,000 tons per year, a new butyl acrylate plant, as well as capacity increases at the 2-propyl-heptanol, styrene monomer, and non-ionic surfactants plants. The superabsorbent polymers (SAP) plant, to be constructed as the final part of the ongoing expansion project, will be supplied with feedstock from the acrylic acid facility. A new world-scale hydrogen peroxide-propylene oxide (HPPO) facility is also included in the new investments under consideration. The new investments under consideration collectively total approximately USD 1 billion.

The final scope of the investments under consideration will be determined following joint feasibility studies for each of the projects.

The agreement was signed today in Beijing by Dr. Wang Tianpu, Vice Chairman and President, China Petroleum & Chemical Corporation (SINOPEC), Dr. Ma Qiulin, General Manager of SINOPEC Yangzi Petrochemical Company Limited, Dr. Martin Brudermüller, member of the Board of Executive Directors, BASF SE, responsible for Asia Pacific, and Dr. Albert Heuser, President, Asia Pacific, BASF.

Mr. Wang Tianpu, President of SINOPEC, said, “BASF-YPC is a role-model of successful cooperation between BASF and SINOPEC, also a good example of SINOPEC’s international partnerships. With this further development of BASF-YPC, both parties will foster the integration of BASF-YPC, broaden the portfolio of downstream products in Nanjing, and meet the increasing demands on new materials in the East China region and across the country.” During the 11^th Five-Year Plan period, SINOPEC has established 16 joint ventures with foreign companies, and the total foreign investment reached $4.639 billion.

“As the Chinese market continues its rapid growth, we are committed to enhancing our position by further expanding our specialty chemicals business. Our longstanding partnership with SINOPEC will be intensified, and our unique integrated production system will be further strengthened by extending value chains as well as by adding new product lines,” said Brudermüller “According to BASF’s Asia Pacific Strategy 2020, we intend to produce 70% of our Asia Pacific sales in the region, and the continued development of our local production base in China is crucial to achieve this.” BASF plans to invest approximately ?2 billion in Asia Pacific between 2009 and 2013.

The new projects under consideration together with the current production plants provide raw materials for growing customer industries for environmentally-friendly industrial and household applications in China such as coatings or cleaning and detergents.

In accordance with the philosophy shared by SINOPEC and BASF, BASF-YPC also demonstrates sustainability in its operations as it has maintained similar levels of energy consumption and emissions during the past few years, despite an increase in production. Over 90% of the waste generated is recycled or reused, while 98.5% of water is reused.

These planned new investments are a further expansion for BASF-YPC, adding to the currently ongoing joint investment of approximately $1.4 billion in state-of-the-art technologies to produce downstream specialty chemicals for the Chinese market, serving multiple industries such as construction, electronics, pharmaceutical, automotive and chemical manufacturing. Construction is approximately 50% complete.

Since 1986 when BASF and SINOPEC established their first joint venture, Shanghai Gaoqiao BASF Company Limited, they further jointly invested in the Yangzi-BASF Styrenics Company Limited in 1997, BASF-YPC Company Limited in 2000 and the expansion project of BASF-YPC in 2009. The total joint investment is more than RMB33 billion (approximately ?3.7 billion).

2011-10-10 BASF　

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

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 非イオン界面活性剤 plant are now operational.

"With this expansion, we are now beginning to realize the true potential of BASF-YPC as a 'Verbund' site – 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.

The butadiene extraction plant, which extracts butadiene from the C4 cracker stream, is a core facility in the integrated C4 complex. Butadiene, an important intermediate, is used as a monomer in producing elastomers and thermo­plastics, such as synthetic rubbers, acrylonitrile butadiene styrene copolymer and polyamide.

The non-ionic surfactants plant is part of an integrated ethylene oxide derivatives value chain which will also include a new amines complex. Non-ionic surfactants can be used for detergents and cleaners as well as in formulation technologies for various industries. The new plant will serve a variety of industries, from home and personal care to textiles and construction.

Also, a superabsorbent polymers (SAP) plant will be constructed as part of the ongoing expansion project.

BASF and SINOPEC also signed a Memorandum of Understanding in December 2010 to jointly explore the further expansion of BASF-YPC（第二次増強計画）. The new projects under consideration will extend the C3 and C4 value chains, including the construction of a new acrylic acid facility with a capacity of 160,000 tons per year, a new butyl acrylate plant, as well as capacity increases at the 2-propyl-heptanol, styrene monomer, and non-ionic surfactants plants. A new world-scale hydrogen peroxide / propylene oxide (HPPO) facility is also included in the new investments under consideration. The new investments under consideration collectively total approximately USD 1 billion.

2012-01-10 BASF　

BASF and Sinopec complete second phase of Nanjing investment, announce new plans for expansion

Completion of $1.4 billion petrochemical expansion project brings chemicals to China market that support sustainable local industries
SAP project to be completed in 2014
New acrylic acid plant to be established
Partners proceed with investment plans for additional plants collectively totaling more than $1 billion

BASF and SINOPEC today inaugurated the $1.4 billion second phase of their integrated petrochemical site in Nanjing, bringing crucial chemicals to the China market that will support the development of more sustainable local industries.

“Through this successful partnership, we are able to bring vital chemical products and solutions to China that will directly support local industries as they strive to meet the needs of a rapidly developing population,” said Dr. Martin Brudermüller, Vice Chairman of the Board of Executive Directors of BASF SE, responsible for Asia Pacific. “At the same time we are also investing in advanced production technologies that themselves use less water, save energy and reduce emissions. The Nanjing site is a flagship example of our Verbund system, which achieves extremely efficient production and safety by clustering plants and re-using by-products,” he continued.

“With the smooth completion of the second phase of Nanjing investment, BASF-YPC has once again set an excellent example of SINOPEC’s international partnerships and paved ways for further prosperous developments between BASF and SINOPEC. We are confident BASF-YPC will continue expanding its product portfolio and providing crucial chemicals to the growing demands in China while contributing to a sustainable future," said Dr. Dai Houliang, BOD Member and Vice President of SINOPEC.

On the occasion of the inauguration ceremony, the partners also announced further plans for the expansion of the site.

Second phase completed

The second phase, inaugurated today, includes expansions of existing plants and construction of new facilities.

The existing steam cracker has been expanded to a total of 740,000 metric tons per year of ethylene, along with the expansion of the existing ethylene oxide (EO) plant to 330,000 metric tons per year, and the construction of a new EO purification unit with a capacity of 150,000 metric tons per year. New plants in the expanded EO derivatives value chain include a new non-ionic surfactants plant with a capacity of 60,000 metric tons per year; a new amines complex with a capacity of 130,000 metric tons per year for the production of ethanolamines, ethyleneamines, and dimethylethanolamine; and the construction of a new DMA3 plant with a capacity of 25,000 metric tons per year.

The site now has an integrated C4 complex comprised of a new butadiene extraction plant with a capacity of 130,000 metric tons per year; a new isobutene extraction plant with a capacity of 60,000 metric tons per year; a new plant for highly reactive polyisobutene with a capacity of 50,000 metric tons per year; and a new 2-propyl-heptanol plant with a capacity of 80,000 metric tons per year.

The existing oxo-C4 plant has now been expanded to 305,000 metric tons per year.
　

Further development of new projects

BASF and SINOPEC signed a Memorandum of Understanding in December 2010 to jointly explore the further expansion of BASF-YPC, with new investments under consideration collectively totaling approximately $1 billion.

Construction of a superabsorbent polymer (SAP) plant with a capacity of 60,000 metric tons per year will begin in mid-2012. Commercial production is planned for the beginning of 2014.

New projects to strengthen the C3 and C4 value chains include the construction of a new acrylic acid facility with a capacity of 160,000 tons per year, a new butyl acrylate plant, as well as a capacity increase at the 2-propyl-heptanol plant.

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2011-10-10 BASF　

First plants of BASF-YPC expansion in Nanjing China come onstream

BASF and SINOPEC also signed a Memorandum of Understanding in December 2010 to jointly explore the further expansion of BASF-YPC. The new projects under consideration will extend the C3 and C4 value chains, including the construction of a new acrylic acid facility with a capacity of 160,000 tons per year, a new butyl acrylate plant, as well as capacity increases at the 2-propyl-heptanol, styrene monomer, and non-ionic surfactants plants. A new world-scale hydrogen peroxide / propylene oxide (HPPO) facility is also included in the new investments under consideration. The new investments under consideration collectively total approximately USD 1 billion.
　

同社の計画は以下の通り。（単位：千トン）

次期増強のうち、(  )は2010年12月の発表に含まれているが、今回の発表の「例示」には含まれていない。

2012-07-31 BASF

BASF and SINOPEC Corp. sign Memorandum of Understanding to explore building a world-scale isononanol plant in Maoming, China

BASF and China Petroleum & Chemical Corporation (SINOPEC) have signed a Memorandum of Understanding (MoU) to further strengthen their cooperation by jointly exploring the possibility of building a world-scale isononanol (INA) plant in Maoming Hi-tech Industrial Development Zone, Maoming, China. The final scope of the investment will be determined following the outcome of the joint feasibility study, which is expected by the end of 2012.

Under the terms of the MoU, the two parties will evaluate the technical, commercial and economic viability of jointly owning and operating a world-scale facility for the production of INA under a 50-50 joint venture agreement.

INA is used as the feedstock for the production of next generation plasticizers, e.g. diisononyl phthalate (DINP) and non-phthalate plasticizer Hexamoll® DINCH®.
DINP is widely used as a plasticizer in industrial applications such as automotive, wires and cables, flooring, building and construction while Hexamoll® DINCH® is the plasticizer of choice for sensitive applications.

The agreement was signed in Shenzhen, China, by Dr. Albert Heuser, President BASF Asia Pacific and Dr. Yu Xizhi, President of SINOPEC Corp. Maoming Company, on July 30.

“ As the Chinese market continues its rapid growth with booming demand for plasticizers, the INA investment in Maoming serves the increasing demand for next generation plasticizers. After many years of successful cooperation with SINOPEC, this project builds on our strong partnership and offers an exciting opportunity for BASF in China. Maoming provides excellent integration possibilities into the refinery structure, which will contribute further to the overall environmental and economic efficiency of the project ,” said Dr. Albert Heuser, President BASF Asia Pacific.

Dr. Yu Xizhi, President of SINOPEC Corp. Maoming Company commented, “This cooperation not only builds on the valued relationship SINOPEC already holds with BASF, but also goes to highlight the success of SINOPEC’s international partnerships. We are confident that this development will provide an even broader range of chemical products to the South China region, as well as across the country, contributing to a sustainable future.”

BASF and SINOPEC jointly operate BASF-YPC Co. Ltd., a 50-50 joint venture between BASF and SINOPEC in Nanjing, China. As one of China's largest petrochemical joint ventures, the site produces a wide range of high quality chemicals for the rapidly growing Chinese market.
　

May 7, 2014 　　　　　　　　　　New Neopentylglycol Production Plant to be Built by BASFーYPC

New Neopentylglycol Production Plant to be Built by BASF and SINOPEC at Verbund site