BASF partners with Sinopec Tianranqi Company to accelerate the large-scale application of biomethane
- Driving the application of biomethane at BASF-YPC
- Exploring opportunities to expand biomethane use to other production sites
Nanjing, China – November 26, 2025 – BASF signed a strategic cooperation agreement with Sinopec Tianranqi Company, a subsidiary of Sinopec, and BASF-YPC Company Limited (“BASF-YPC”, a 50-50 joint venture between BASF and Sinopec). The three parties will jointly driving the large-scale application of biomethane at the Nanjing Verbund site (operated by BASF-YPC), driving the transformation towards low-carbon operations.
Under the agreement, Sinopec Tianranqi Company will supply the BASF-YPC with biomethane that meets national standards and is certified by ISCC* PLUS, along with providing relevant carbon footprint data. BASF-YPC will utilize the biomethane in its production proceses as a sustainable feedstock at the Nanjing Verbund site to further reduce product carbon footprints and support downstream customers for their green transformation. Furthermore, BASF and Sinopec Tianranqi Company are actively exploring opportunities to expand biomethane use to other BASF production sites, jointly driving the application the application of sustainable energy and feedstocks as well as large-scale low-carbon production.
Bram Jansen, Senior Vice President, Global Direct & Logistics Procurement of BASF, said, “BASF continues to join hands with partners to promote the use of biomethane as a chemical feedstock and facilitate the low-carbonization of our integrated value chains. I am proud that we embark on this transformation journey with our seasoned partner Sinopec Tianranqi Company. This cooperation demonstrates our commitment to our 2050 net zero target1 and injects momentum into the green transformation of our customers in China and across the Asia-Pacific region.”
Shan Jianhua, Vice President of BASF-YPC, said, “Today is a milestone for BASF-YPC. We are proud to join forces with our parent companies to pioneer a new business in bio-based feedstocks. We look forward to delivering products with a lower carbon footprint to our customers soon.”
Dong Xianyong, Chairman of Sinopec Gas Company, said, “Biomethane represents a key development direction for clean energy and reflects the industry’s future green trend. This collaboration is not only an active fulfillment of our global sustainability commitments but also marks the beginning of expanding our cooperation from traditional areas into new green and low-carbon fields.”
* ISCC refers to International Sustainability and Carbon Certification.
About BASF
At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred chemical company to enable our customers’ green transformation. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and Agricultural Solutions. BASF generated sales of €65.3 billion in 2024. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.
About BASF-YPC Company Limited
BASF-YPC Company Limited (BYC) is a 50-50 joint venture between BASF and Sinopec, founded in 2005, with a total investment of approximately RMB 39 billion. The integrated petrochemical site produces about three million tons of high-quality chemicals and polymers for the Chinese market annually. The products serve the rapid-growing demand in multiple industries, including agriculture, construction, electronics, pharmaceutical, hygiene, automotive and chemical manufacturing. All BYC plants employ advanced technology and BASF “Verbund” concept to save on raw materials and energy, reduce emissions, cut logistics costs and exploit synergies. BYC posted sales of approximately RMB 20.4 billion in 2024 and employed 2,164 people as of the end of the year. Further information is available on www.basf-ypc.com.cn.
Sinopec Tianranqi Company
Established in June 2005, Sinopec Tianranqi Company is a wholly-owned secondary company of Sinopec. It is a specialized entity dedicated to the nationwide operation of natural gas resources for Sinopec, the construction and operational management of natural gas storage and transportation facilities such as natural gas pipelines, LNG receiving terminals, and storage facilities. Additionally, it is responsible for market development, sales management, terminal sales, and joint venture and cooperation ventures related to natural gas. Sinopec Tianranqi Company, Sinopec Tianranqi Co., Ltd and Great Wall Gas Investment Co., Ltd operate under “one organization with three brand names”. Its business scope spans all provinces and municipalities nationwide, covering the entire industrial chain, including natural gas resources, facilities, sales, and terminal markets.
1 Scope 1, Scope 2, and Scope 3 (excluding the sale of energy to third parties, including offsetting). The target includes greenhouse gases according to the Greenhouse Gas Protocol, which are converted into CO2 equivalents (CO2e).