Sinopec and BASF inaugurated the Nanjing integrated base expansion project

On November 10, Sinopec and BASF held an inauguration ceremony for the expansion of multiple downstream chemical units in the integrated production base in Nanjing. The integrated base is split 50-50 between the two parties
It is operated by Yangzi Petrochemical-BASF Co., Ltd. (hereinafter referred to as: Yangzi Petrochemical-BASF) jointly invested and established. This expansion project is a strategic move by both parties to meet the growing needs of various industries in the Chinese market. This includes a newly built tert-butyl acrylate (TBA) unit, which is expected to be
When it goes into production at the end of 2023, it will be the first device outside Germany to adopt this advanced production process. TBA
It is a single-functional monomer with excellent chemical resistance, weather resistance and hydrophobicity. It is widely used in paper, coatings, adhesives, inks and other industries.

Yu Baocai, President of Sinopec Corp., said: “Yangzi Petrochemical-BASF’s repeated success fully reflects the mutual trust and strong partnership between Sinopec and BASF. The completion of this expansion project marks a new chapter in the close cooperation between the two parties. , under the same vision, jointly move towards sustainable development and promote advanced technology.”

Dr. Markus, Member of the Executive Board of BASF AG
Kamieth said: “I am very proud to participate in celebrating the completion of the Nanjing integrated production base expansion project. This is another milestone in the long-term cooperation between BASF and Sinopec. Among BASF’s many joint ventures around the world, Yangzi Petrochemical-BASF has outstanding performance in terms of safety and performance. All meet extremely high standards. This expansion will continue to support BASF’s business growth in the Chinese market.”

The inauguration ceremony celebrates the expansion of Yangzi Petrochemical-BASF’s production capacity for high-quality chemical intermediates, including propionic acid (PA), propionaldehyde (PALD), refined ethylene oxide (PEO), ethylene amines (EEAs) and ethanolamines (EOAs) . These intermediate products are widely used in agriculture, pharmaceuticals, construction, textiles, daily chemicals and other industries.

By using renewable electricity, the new facility will further reduce carbon emissions during production and provide the market with chemicals with a low Product Carbon Footprint (PCF). For example, Yangzi Petrochemical-BASF will launch a low-carbon footprint propionic acid product in the Asian market. Compared with similar domestic coal-based products, its product carbon footprint can be reduced by about 40%, which will help customers reduce their product carbon footprint [
Yangzi Petrochemical-BASF product carbon footprint calculation method follows ISO
14067:2018 standard. In the method review, Germany’s TüV Rheinland Group has certified that the Yangzi Petrochemical-BASF method for calculating the carbon footprint of products (SCOTT) developed by BASF is scientifically based and complies with ISO
14067:2018 international standard and reflects the cutting-edge level of technological development (ID-Nr. 0000080389; BASF SE – Certipedia).

The product carbon footprint comparison referred to is Yangzi Petrochemical-BASF’s assessment of the market average carbon footprint of relevant products based on publicly available information on production routes and raw materials used, as well as BASF’s own market and technical knowledge. The methods and data assumptions used are the same as those used to calculate the carbon footprint of Yangzi Petrochemical-BASF products. ].

Gu Yuefeng, Chairman of Sinopec Yangzi Petrochemical Co., Ltd. and Yangzi Petrochemical-BASF Co., Ltd. said: “The new equipment adopts advanced technology and first-class standards to optimize resource utilization, while also extending to the upstream and downstream industrial chains, consolidating the Yangzi Petrochemical-BASF Co., Ltd. Competitive advantage in the dynamic Chinese market.”

Dr. Lou Jianfeng, Chairman and President of BASF Greater China, said: “China is the world’s largest chemical market, and this expansion further enhances BASF’s production capacity in the Chinese market. We are confident that we can work together with local customers to create sustainable and innovative solutions.” products to meet the growing market demand and help all walks of life in China move towards a sustainable future.”