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(BASF) -- 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
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.
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