BASF-YPC Company Limited (“BASF-YPC”) is a 50-50 joint venture between BASF and Sinopec, founded in 2000, with a total investment of approximately US$5.2 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 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 approximately RMB 21.6 billion in 2018 and employed 1,893 people as of the end of that year. Further information is available on the Internet at www.basf-ypc.com.cn.
About SINOPEC, YPC
China Petroleum and Chemical Corporation Limited (hereinafter referred to as "Sinopec") is one of the largest integrated energy and chemical companies in China. Its principal operations include the exploration and production, pipeline transportation and sale of petroleum and natural gas; the sale, storage and transportation of petroleum products, petrochemical products, coal chemical products, synthetic fiber and other chemical products; the import and export, including an import and export agency business, of petroleum, natural gas, petroleum products, petrochemical and chemical products, and other commodities and technologies; and research, development and application of technologies and information. Sinopec is implementing strategies of resources, markets, integration, internationalisation development with a view to realize its vision of building a world first class energy and chemical company. More information on Sinopec is available on the Internet at http://www.sinopec.com/
Yangzi Petrochemical Co., Ltd. (hereinafter referred as “YPC”) is one of Sinopec's largest integrated refining and chemical bases, which is located in Nanjing, Jiangsu province, China. On behalf of Sinopec, YPC implements shareholder management for BASF-YPC. More information on YPC is available on the internet at http://www.sinopecgroup.com/group/en/products/Finechem/Factory/Yangzi.shtml
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 122,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of around €63 billion in 2018. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.
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