BASF and Sinopec submit feasibility studies on planned expansions for approval

18-Mar-08
German chemical giant BASF and its Chines counterpart- Sinopec Corp have submitted feasibility studies for a planned expansion of their China cracker in Nanjing. Under the US$900 mln expansion plan first announced in July 2006, the steam cracker will add 25% (150,000 tpa) to its existing capacity of 600,000 tpa. The two partners have invested US$2.9 bln in the Nanjing petrochemical complex , the largest single investment in BASF's 140-year history.
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