At start-up in 2015, the plant, which is
the first of its kind in China, will serve
the increasing market demand for next-generation plasticizers. A newly formed
50-50 joint venture company has
been created, BASF MPCC Company
Limited. The new plant will bring
around 100 new jobs in Maoming.
“High quality and reliable plasticizers help underpin industrial growth,
and with this plant we will be well positioned to serve China’s growing demands. Additionally, this project brings
us a step closer to BASF’s strategic goal
to better serve local industries with local
production in Asia Pacific of approximately 75% by 2020. The new joint venture with SINOPEC also solidifies our
already strong partnership, and demonstrates BASF’s long-term commitment to
China,” said Dr. Albert Heuser, president,
Functions Asia Pacific, President and
Chairman, Greater China, BASF.
“This project is the first of its kind to
bring BASF’s advanced INA technology
into China, and to build a world-scale
INA plant at Maoming Hi-tech Industrial
Development Zone. It not only fills the
country’s INA production gap, but also
opens a new chapter for the strategic al-
liance between SINOPEC and BASF. It
closely unites two strong parties in or-
der to enjoy mutual benefits and develop
business together, taking our relationship
to a new level. I hope both shareholders
continue to broaden our co-operation,
and to explore how to further utilize
SINOPEC Maoming, this area’s refinery
products, and the public infrastructure,
so as to maximize the production of
BASF MPCC Company Limited and both
shareholders’ business interests,” said Dr.
Yu Xizhi, President of SINOPEC Corp.
Maoming Company. INA is used as the
feedstock for the production of next gen-
eration plasticizers, including diisononyl
phthalate (DINP) and non-phthalate
plasticizer Hexamoll DINCH. DINP is
widely used as a plasticizer in industrial
applications such as automotive, wires,
building and construction, while
Hexamoll DINCH is BASF’s
non-phthalate plasticizer for
sensitive applications, including
toys as well as food contact and medical
applications. BASF and SINOPEC have a
longtime partnership and jointly operate
BASF-YPC Co. Ltd., a 50-50 joint ven-
ture formed in 2000 between BASF and
SINOPEC in Nanjing, China.
Fairmount Minerals’ Alpha
Resins Recognized With
Sustainability Award
Fairmount Alpha Resins were honored with the Society of Chemical
Manufacturers and Affiliates, Inc.
(SOCMA) 2013 ChemStewards
Sustainability Award. Alpha Resins also
received a 2013 Bronze Performance
Improvement Award for excellence in environmental, health, safety, and security
(EHS&S) practices at the association’s
92nd annual dinner. The ChemStewards
Sustainability Award acknowledges a
