20 December 2017
Neopentyl Glycol
Application: Powder Coatings Resins
DETAILS
BASF and SINOPEC will expand the production capacity of
Neopentylglycol (NPG) at the state-of-the-art Verbund site,
BASF-YPC Co., Ltd.,
a 50-50 joint venture in Nanjing, China.
The plant was established in 2015
with an annual capacity of 40,000 metric tons.
Following the expansion, the annual capacity
will be doubled to 80,000 metric tons.
The expanded capacity will come on stream in 2020.
NPG is a unique polyalcohol offering superior performance
in many end-use applications such as
powder coatings, textiles 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 plasticizers.
As the global market leader, BASF has NPG production facilities in
* Ludwigshafen, Germany;
* Freeport, Texas, United States
* and Jilin, China.
Narayan Krishnamohan,
Senior Vice President, BASF Intermediates Asia Pacific
“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,”
“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.”
Mr Li Cheng Feng,
Chairman of Sinopec Yangzi Petrochemical Company Limited
and BASF-YPC Company Limited
“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,”.
Media contacts:
BASF Intermediates
Joyce Yeung
Phone: +852 2731 0186
joyce.yeung@basf.com
Klaus-Peter Rieser
Phone: +49 621 6095138
Klaus-peter.rieser@basf.com
SINOPEC
Wu Jingtao
Phone: +86 25 5778 1426
wujt.yzsh@sinopec.com
WWW.CHEMWINFO.COM BY KHUN PHICHAI