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Regions :: China

BASF and Markor move ahead with China JV

12:59 PM MDT | May 29, 2013 | Deepti Ramesh

BASF and Xinjiang Markor Chemical Industry Co. (Markor; Korla, China) signed key cooperation contracts on 26 May for the establishment of the previously announced joint ventures for the production of butanediol (BDO) and polytetrahydrofuran (PolyTHF) at Korla. The jv companies will be established once the relevant Chinese regulatory approvals are obtained, the companies say. Plans for the jv's were first announced last March, and the plants will produce 100,000 m.t./year of BDO and 50,000 m.t./year of PolyTHF. Production at these plants is expected to begin in...

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