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BASF-Sinopec JV Completes Second Phase of Expansion, Outlines Further Investments

1:41 PM MST | January 17, 2012 | Deepti Ramesh

BASF-YPC Co. the 50-50 petrochemical joint venture between BASF and Sinopec at Nanjing, China, says the second phase of its previously announced $1.4-billion expansion has been completed. The expansion began in 2009 and the first phase was completed in October 2011. BASF-YPC also announced further plans for expansion at the site. The jv plans to build a previously announced superabsorbent polymers (SAP) plant, an acrylic acid facility, a butyl acrylate plant, and to expand the capacity of 2-propyl-heptanol at the Nanjing site. BASF and Sinopec agreed at the end...

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