BASF and Sinopec will build a new world-scale production
plant for neopentylglycol (NPG) at their Verbund site in
Nanjing, China, the companies announced on Wednesday.
The plant, with a total annual capacity of about 40,000 tons,
is planned to go on stream at the end of 2015. The new NPG
plant will benefit from backward integration
into the Nanjing
Verbund site, allowing high delivery reliability
efficient use of energy and resources.
With this project
, Sinopec and BASF are
fully utilizing their strengths regarding resources, technology
, talent and
management," said said Wang Jingyi, chairman and general
manager of Sinopec YPC and chairman of BASF-YPC.
"Furthermore, with this investment, we are building on the
core competitiveness of both partners."
NPG is a unique polyalcohol offering superior performance in
many end-use applications such as coatings and construction
due to its high
chemical and thermal stability. It is mainly used as a
building block in polyester resins for coatings, unsaturated
polyester and alkyd resins, lubricants and
BASF also has NPG production facilities
Germany; Freeport, Texas; and Jilin, China.
With this new plant, we are responding to our
customers growing demand for high-quality
neopentylglycol, especially in the Asia Pacific region, and
at the same time strengthening our position as the global
leading supplier of NPG, said Sanjeev Gandhi, president
of BASF's intermediates division.
We have 55 years of experience in manufacturing and
supplying neopentylglycol to our customers across a broad
range of industries.