BASF Verbund site, Nanjing
BASF-YPC Co., Ltd. (“BASF-YPC”) is a 50-50 joint venture between BASF and Sinopec, founded in 2000, with a total investment of $5.5 billion. The integrated petrochemical site produces 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.
BASF-YPC successfully started commercial production at the first phase of the integrated petrochemical site in 2005, and inaugurated the second phase, creating an extended value chain and increasing the production of fine chemicals, in January 2012. BASF-YPC further expanded its acrylic acid value chain with the opening of its new acrylic acid, superabsorbent polymer and butyl acrylate plants in 2014.
A world-scale production plant for Neopentylglycol (NPG) with annual capacity of 40,000 metric tons successfully went on-stream in December 2015.
All BASF-YPC plants are interconnected in order to use products, by-products and energy in the most efficient way, to save cost and minimize environmental impact. BASF-YPC posted sales of €2.4 billion in 2016 employed 1,880 people as of the end of that year.
The predecessor of BASF Specialty Chemicals (Nanjing) Co., Ltd. (BSNJ) is Ciba (Nanjing) Co., Ltd, which was founded by Ciba Co., Ltd. in March 2007. The Company became a 100% BASF owned company in April 2009 and renamed as BASF Specialty Chemicals (Nanjing) Co., Ltd on March 24th, 2011. BSNJ assumes a strategic and important role in BASF’s Flocculent for waste water treatment and paper, specialty amines and coating additives production network. It expanded its tertiary Butylamine (tBA) plant by increasing its annual production capacity to reach 16,000 tons starting September 2015. There are 6 production lines in operation now including a new biocatalyzed acrylamide plant just inaugurated in October 2017.