BASF Acquires Assets, Land from Sinopec To Boost Chinese Alkoxylates Capacity

摘要

Shanshai-BASF said it purchased Sinopec Shanghai Petrochemical Co.'s assets, land and buildings related to alkoxylates production in Jinshan, China, to support growing demand in Asia Pacific. The newly acquired assets, adjoined with BASF's site, will help double BASF's local alkoxylates capacity from the end of 2020.