Sinopec and BASF signed a memorandum of understanding on the 17th to further explore the expansion of the joint venture between the two companies - integrated petrochemical production base Yangzi Petrochemical - BASF Co., Ltd.
The new project is planned to extend the carbon 3 and carbon 4 value chain, including the establishment of a new 160,000 t/y acrylic acid unit, a butyl acrylate unit, and the existing 2-propylheptanol and styrene monomer. Body and non-ionic surfactants and other devices to increase production capacity. The new acrylic unit will provide the raw material for the Super Absorbent Polymer (SAP) plant, the last part of the ongoing expansion project. This new investment will also include the exploration of a new world-scale combined installation using hydrogen peroxide-produced propylene oxide (HPPO) technology. It is estimated that the cumulative investment for new projects will be approximately US$1 billion.
The final investment scope of the new project to be explored will be determined based on the joint feasibility study results of each project.
Wang Tianpu, Vice Chairman and President of Sinopec Corp., Ma Qiulin, General Manager of Yangzi Petrochemical, and Dr. Hou Yuzhe, BASF Executive Director of the Board of Directors responsible for business in the Asia Pacific Region, and Dr. Hou Yuzhe, President of BASF’s Asia Pacific Market and Business Development signed the agreement yesterday in Beijing.
Wang Tianpu, vice chairman and president of Sinopec Corp., said: "The company is a symbol of the sincere cooperation between Sinopec and BASF. It is also a model for Sinopec's foreign cooperation. The two parties will further expand their cooperation on the basis of Yangba Company. Improve the degree of integration, broaden the range of downstream products, and better meet the growing demand for new chemical materials in the East China and even China markets, and provide more quality products for the society.†During the “Eleventh Five-Year Plan†period, Sinopec established a joint Sino-foreign joint venture There are 16 refinery companies, attracting foreign investment of more than 4.639 billion U.S. dollars.
“As the Chinese market continues to grow rapidly, BASF is committed to further expanding its specialty chemicals business to enhance our market position. This move will deepen our long-term partnership with Sinopec by extending the value chain and adding new product lines. Our unique integrated production system will also be further strengthened.†Dr. Roger B. Le, Executive Director of the BASF Executive Board responsible for Asia-Pacific business, stated that “according to BASF's Asia-Pacific Strategy 2020, our goal is to realize that 70% of sales in the Asia-Pacific region come from local Production, and the continuous development of local production bases in China is the key to achieving this goal.†BASF plans to invest approximately EUR 2 billion in the Asia-Pacific region between 2009 and 2013.
The new project to be explored and the currently operating production facilities provide raw materials for the growing industry customers and can be used for environmental protection industrial or civil applications such as paints, detergents and cleaning products.
Although in the past few years, the company has inherited the common philosophy of Sinopec and BASF, and its production capacity has been continuously improved, the entire production base still maintains the same level of energy consumption and emissions, and more than 90% of the waste has been recycled and reused. % of water has also been reused, fully reflecting the sustainability of its operations.
Following the investment of approximately US$1.4 billion by the two sides to adopt the most advanced technologies to provide downstream specialty chemicals for the Chinese market, these planned investment projects are a further expansion of Yangzi Petrochemical-BASF. The ongoing expansion project mainly serves a variety of industries such as construction, electronics, pharmaceuticals, automotive and chemical production. Currently, the construction part has been completed by about 50%.
Sinopec and BASF in Germany have jointly established Shanghai Gaoqiao BASF Co., Ltd. since 1986. They established the Yangzi BASF Styrene Joint Venture in 1997 and Yangzi Petrochemical-BASF Co., Ltd. in 2000. In 2009, BASF launched Phase II of the company. The project has accumulated investment of over 33 billion yuan (about 3.7 billion euros).
Yangzi Petrochemical-BASF Co., Ltd. is a joint venture invested by Sinopec and BASF in 2000 with a 50:50 equity ratio. The total initial investment is US$2.9 billion. The steam cracker and nine downstream units of Yangzi Petrochemical-BASF Co., Ltd. were successfully put into commercial production in June 2005.
The fan system tower is equipped with motors, gearboxes, fan access platforms and passageways, and there are climbing ladders and guardrails outside the tower.
Pool: This tower's pool and foundation, pre-buried steel plate, etc. by the user is responsible for, the water level should be controlled at -0.25-0.3m as well.
Applied to petroleum, chemical, metallurgy, medicine, electricity and other industrial large water circulation system.
The new project is planned to extend the carbon 3 and carbon 4 value chain, including the establishment of a new 160,000 t/y acrylic acid unit, a butyl acrylate unit, and the existing 2-propylheptanol and styrene monomer. Body and non-ionic surfactants and other devices to increase production capacity. The new acrylic unit will provide the raw material for the Super Absorbent Polymer (SAP) plant, the last part of the ongoing expansion project. This new investment will also include the exploration of a new world-scale combined installation using hydrogen peroxide-produced propylene oxide (HPPO) technology. It is estimated that the cumulative investment for new projects will be approximately US$1 billion.
The final investment scope of the new project to be explored will be determined based on the joint feasibility study results of each project.
Wang Tianpu, Vice Chairman and President of Sinopec Corp., Ma Qiulin, General Manager of Yangzi Petrochemical, and Dr. Hou Yuzhe, BASF Executive Director of the Board of Directors responsible for business in the Asia Pacific Region, and Dr. Hou Yuzhe, President of BASF’s Asia Pacific Market and Business Development signed the agreement yesterday in Beijing.
Wang Tianpu, vice chairman and president of Sinopec Corp., said: "The company is a symbol of the sincere cooperation between Sinopec and BASF. It is also a model for Sinopec's foreign cooperation. The two parties will further expand their cooperation on the basis of Yangba Company. Improve the degree of integration, broaden the range of downstream products, and better meet the growing demand for new chemical materials in the East China and even China markets, and provide more quality products for the society.†During the “Eleventh Five-Year Plan†period, Sinopec established a joint Sino-foreign joint venture There are 16 refinery companies, attracting foreign investment of more than 4.639 billion U.S. dollars.
“As the Chinese market continues to grow rapidly, BASF is committed to further expanding its specialty chemicals business to enhance our market position. This move will deepen our long-term partnership with Sinopec by extending the value chain and adding new product lines. Our unique integrated production system will also be further strengthened.†Dr. Roger B. Le, Executive Director of the BASF Executive Board responsible for Asia-Pacific business, stated that “according to BASF's Asia-Pacific Strategy 2020, our goal is to realize that 70% of sales in the Asia-Pacific region come from local Production, and the continuous development of local production bases in China is the key to achieving this goal.†BASF plans to invest approximately EUR 2 billion in the Asia-Pacific region between 2009 and 2013.
The new project to be explored and the currently operating production facilities provide raw materials for the growing industry customers and can be used for environmental protection industrial or civil applications such as paints, detergents and cleaning products.
Although in the past few years, the company has inherited the common philosophy of Sinopec and BASF, and its production capacity has been continuously improved, the entire production base still maintains the same level of energy consumption and emissions, and more than 90% of the waste has been recycled and reused. % of water has also been reused, fully reflecting the sustainability of its operations.
Following the investment of approximately US$1.4 billion by the two sides to adopt the most advanced technologies to provide downstream specialty chemicals for the Chinese market, these planned investment projects are a further expansion of Yangzi Petrochemical-BASF. The ongoing expansion project mainly serves a variety of industries such as construction, electronics, pharmaceuticals, automotive and chemical production. Currently, the construction part has been completed by about 50%.
Sinopec and BASF in Germany have jointly established Shanghai Gaoqiao BASF Co., Ltd. since 1986. They established the Yangzi BASF Styrene Joint Venture in 1997 and Yangzi Petrochemical-BASF Co., Ltd. in 2000. In 2009, BASF launched Phase II of the company. The project has accumulated investment of over 33 billion yuan (about 3.7 billion euros).
Yangzi Petrochemical-BASF Co., Ltd. is a joint venture invested by Sinopec and BASF in 2000 with a 50:50 equity ratio. The total initial investment is US$2.9 billion. The steam cracker and nine downstream units of Yangzi Petrochemical-BASF Co., Ltd. were successfully put into commercial production in June 2005.
Series Steel Structure Industrial Cooling Tower
Tower structure: all steel structure, tower skeleton, cloth water system, climbing ladders, guardrails are Q235-B material, anti-corrosion using hot-dip galvanizing, surround panel for glass Glass steel.
Windpipe: kinetic energy recovery type, air flow organization is reasonable, high efficiency;
Fan: Wing-type adjustable cooling tower dedicated shaft fan, blades are aluminum alloy or glass steel.Motors,
gearboxes: YE2 series outdoor energy-efficient energy-saving motors, protection class IP55, insulation class F-class.
Filler: modified PVC raw material thin belly filler, high temperature, aging, flame retardant, bonding into a block strength.
Water receiver: the use of high-efficiency low-resistance rib arc water receiver, modified PVC material pull squeeze molding, water collection effect is significant, the drift rate is less than 0.01%.The fan system tower is equipped with motors, gearboxes, fan access platforms and passageways, and there are climbing ladders and guardrails outside the tower.
Pool: This tower's pool and foundation, pre-buried steel plate, etc. by the user is responsible for, the water level should be controlled at -0.25-0.3m as well.
Applied to petroleum, chemical, metallurgy, medicine, electricity and other industrial large water circulation system.
Series Steel Structure Industrial Cooling Tower,Industrial Water Cooling Tower,Industrial Cooling Tower,Mechanical Cooling Tower
Wuxi Ark Fluid Science Technology Co., Ltd. , https://www.fangzhouarkfluid.com