Nanjing, January 15th, 2012 - German chemical giant BASF and China’s SINOPEC 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, The Company reported.
“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 Martin Brudermuller, 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.
On the occasion of the inauguration ceremony, the partners also announced further plans for the expansion of the site. The second phase, inaugurated 10 January, includes expansions of existing plants and construction of new facilities. The site now has an integrated C4 complex comprised of a new butadiene extraction plant with a capacity of 130,000 metric tonnes 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 tonnes per year. - New Europe Online
“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 Martin Brudermuller, 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.
On the occasion of the inauguration ceremony, the partners also announced further plans for the expansion of the site. The second phase, inaugurated 10 January, includes expansions of existing plants and construction of new facilities. The site now has an integrated C4 complex comprised of a new butadiene extraction plant with a capacity of 130,000 metric tonnes 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 tonnes per year. - New Europe Online
