Entity

BASF-YPC Company Limited (BASF-YPC), a 50:50 joint venture between two FORTUNE 500 companies -- BASF and SINOPEC, is regarded as a role model of successful Sino-German cooperation. It is located in Nanjing Jiangbei New Materials High-Tech Park, where BASF-YPC enjoys a favorable environment for further expansion as well as synergies with neighboring enterprises. BASF-YPC began constructing the first phase of its Integrated Petrochemical Site in September 2001, which started commercial operation in June 2005. With an investment amounting to USD 2.9 billion, BASF-YPC built 10 process plants with a steam cracker plant of 600,000 tonne/year ethylene as the centerpiece in the first phase.