German chemical giant BASF and its Chines counterpart- Sinopec Corp have submitted feasibility studies for a planned expansion of their China cracker in Nanjing. Under the US$900 mln expansion plan first announced in July 2006, the steam cracker will add 25% (150,000 tpa) to its existing capacity of 600,000 tpa.
The two partners have invested US$2.9 bln in the Nanjing petrochemical complex , the largest single investment in BASF's 140-year history.
The two partners have invested US$2.9 bln in the Nanjing petrochemical complex , the largest single investment in BASF's 140-year history.
