BASF's new US$2.9 billion petrochemical site in Nanjing, China, exceeds international standards in the area of health and safety, and creates and secures local jobs. The study measures the economic, environmental and social impact of the investment on the city of Nanjing and the surrounding region. The German Society for Technical Cooperation (GTZ) conducted the BASF-commissioned study between January and September of this year, holding interviews with government officials, neighbors of the site and employees in Nanjing.
BASF-YPC Co. Ltd. is a 50-50 joint venture between BASF and Sinopec, producing1.7 million metric tpa of chemicals and polymers at a 220-hectare integrated petrochemical site that started commercial production in June.
30-Nov-05 
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