BASF-YPC Scholarship Award Ceremony Held at CZU(44450)

November 25, 2010. The 2010 BASF-YPC Scholarship was awarded to 50 postgraduates and undergraduates from Changzhou University in the library lecture hall by Dr. Bernd Blumenberg, CEO of BASF-YPC Company Limited. Chen Quiqing, Vice President of CZU, showed up at the ceremony and addressed the audience. In his address, Chen expressed his thanks, on behalf of CZU, to BASF-YPC Company Limited, for its constant care of the students and consistent support for CZU. He also hoped that BASF-YPC will further its cooperation with CZU in scientific research and student cultivation, and that scholarship winners will do better jobs in their study and in their future work. Dr. Blumenberg gave a lecture on the sustainable development of integrated petrol-chemical production base. After the lecture, he visited with great interest the Museum of Intangible Cultural Heritage of Changzhou, which is located at CZU.

According to the agreement, BASF-YPC Company Limited gives lectures and holds seminars at CZU to enhance cooperation between the two and promote the transformation of scientific and technological achievements. In support of CZU s development and to attract more graduates, the company created BASF-YPC Scholarship with 100,000 yuan last year to benefit students who are excellent in science projects. The scholarship winners are chose and evaluated by CZU annually, and the winners have the chance of working for the company as an intern. Besides, BASF-YPC Company Limited will also recruit some CZU graduates each year and the scholarship winners will be given priority.

BASF is a leading chemical company from Germany, and its products cover a wide range from chemicals, refined chemicals, agricultural products, and plastics to crude oil and natural gas. BASF-YPC is the largest Sino-German joint venture at the moment in China, founded by Sinopec and BASF at 50:50.

BASF-YPC Scholarship Award Ceremony Held at CZU