China’s BASF-YPC begins construction of Nanjing SAP unit
25 May 2012 03:37 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>China’s BASF-YPC started on 24 May the construction of its 60,000 tonne/year superabsorbent polymers (SAP) plant at Nanjing, the joint venture firm said on Friday.
The new SAP unit is expected to begin commercial operation in early 2014, the company said in a statement.
“In China, consumers are showing a growing demand for these high-quality superabsorbent materials,” said Stephan Kothrade, president of BASF-YPC, in the statement.
“The expectation is for this market to grow – and so this SAP plant is built to suit the anticipated demand,” Kothrade added.
SAPs are mainly used in baby diapers.
Meanwhile, BASF-YPC is also planning to invest further in a 160,000 tonne/year acrylic acid plant and a world-scale butyl acrylate unit at the site, the company providing other details.
BASF-YPC is a 50:50 joint venture between Germany’s BASF and Sinopec.
BASF and Sinopec signed a memorandum of understanding in December 2010 to jointly explore the further expansion of BASF-YPC, with new investments worth about $1bn (€800m).
($1 = €0.80)By: Nurluqman Suratman
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