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Sinopec and BASF sign MoU to expand cooperation in China

2018-10-29     Source: Sinopecnews.com

Sinopec’s Chairman Dai Houliang(L) shakes hands with BASF’s Chairman Martin Brudermüller(R) at the MoU signing ceremony. (Photo/Zhang Zheng)

 

Sinopec signed a memorandum of understanding (MoU) with Germany's BASF in Beijing on October 28. The partners intend to build an additional steam cracker in Nanjing, China, with 1 million mt/year of ethylene capacity. Additionally, the two companies will further expand capacity at their existing joint venture BASF-YPC site as well as explore new business opportunities in China’s battery materials market.

 

中国石化与巴斯夫签署谅解备忘录

  10月28日,集团公司董事长戴厚良在京会见德国巴斯夫公司董事长薄睦乐,共同签署谅解备忘录。据悉,双方将投资在南京新建一套100万吨/年蒸汽裂解制乙烯装置,支持下游产品发展;进一步扩展双方合资企业——扬子石化-巴斯夫有限责任公司的产能;共同探讨电池材料领域的新业务机会。图为签署备忘录后,戴厚良与薄睦乐热情握手。(章 铮 摄)

 

 

 

 

 
 
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