Ink World staff09.22.20
BASF-YPC Co., Ltd. (BYC), a 50/50 joint venture between BASF and SINOPEC, expanded the production capacity of neopentylglycol (NPG) at the Verbund site in Nanjing, China.
The plant was established in 2015 with an annual capacity of 40,000 metric tons.
With the completion of the expansion in August 2020, the annual capacity will reach 80,000 metric tons.
“It reinforces our commitment to enhance local production and respond to the growing needs of Chinese customers for environmentally friendly powder coatings,” said Dr. Stephan Kothrade, president and chairman Greater China, BASF.
“The start-up of the NPG expansion plant reflects a better cooperative relationship between the two parties and is also in line with the Chinese government's steer towards improving industrial restructuring and transformation to fulfill market demand with high-quality products,” said Hong Jianqiao, chairman of Sinopec Yangzi Petrochemical Company Limited and BASF-YPC Company Limited.
NPG is a unique polyalcohol offering superior performance in many end-use applications, especially in the production of polyester and alkyd resins for various coatings and plastics due to its high chemical and thermal stability.
NPG has proven itself in many applications, especially in the production of polyester and alkyd resins for various coatings and plastics.
An essential field of application is powder coatings, which prove particularly successful in the construction industry, as well as in the coating of household appliances.
BASF has NPG production sites in Ludwigshafen (Germany), Freeport, Texas, Nanjing (China) and Jilin (China).
