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Sinopec and BASF will expand their 50-50 joint venture Yangzi Petrochemical-BASF's integrated production base in Nanjing, China. The expansion includes new downstream chemical units and a new TBA plant, with increased capacity for PA, PALD, EEA, EOA, and PEO. The units are scheduled to start production in 2023.
“This is our first step since signing the memorandum of understanding with Sinopec in 2018, and it will continue to deepen our long-term partnership.”basf.com
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