BASF and SINOPEC expand production capacity for Neopentylglycol in Nanjing
Annual capacity to double, to 80,000 metric tons per year
BASF SE
“With this increased capacity, we will support the fast-growing customer demand for high-quality NPG in China and the Asia Pacific region. The expansion is also in line with the trend towards environmentally friendly powder coatings with low volatile organic compounds, or VOCs,” said Narayan Krishnamohan, Senior Vice President, BASF Intermediates Asia Pacific. “As a globally leading supplier of NPG, we have decades of experience in manufacturing and supplying NPG to our customers across a broad range of industries. Customers will benefit from our regional presence, innovation strength, flexibility and reliability of supply.”
“The investment further strengthens strategic success between SINOPEC and BASF as we both support the trend of sustainable development. Both SINOPEC and BASF have confidence in Nanjing, Jiangsu, and its future prospects, as an ideal investment destination,” Mr Li Cheng Feng, Chairman of Sinopec Yangzi Petrochemical Company Limited and BASF-YPC Company Limited.
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