22 January 2013 09:51 [Source: ICIS news]
SINGAPORE (ICIS)--BASF and Sinopec plan to build a world-scale isononanol (INA) plant in Maoming of Guangdong province in south China, with production expected to begin in around mid-2015, a news release from BASF said on Tuesday.
BASF and Sinopec will form a new 50:50 joint venture, BASF MPCC, with preapproval received from the Maoming Administration of Industry and Commerce for the name of the venture.
The capacity of the plant and the start date of the construction have not been disclosed.
INA is used as feedstock for the production of next-generation plasticizers, including diisononyl phthalate (DINP) and non-phthalate plasticizer Hexamoll DINCH.
BASF and Sinopec jointly operate BASF-YPC, a 50:50 joint venture between BASF and Sinopec in Nanjing, China. It produces a wide range of high quality chemicals for the rapidly growing Chinese market.
BASF was considering the construction of an isononanol plant in Malaysia to be part of the PETRONAS RAPID refinery and petrochemical complex but pulled out of its agreement with the Malaysian energy company on 21 January.
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