BASF-YPC Co Ltd, a 50-50 joint venture between BASF and Sinopec, on December 3, 2015 commenced production of neopentylglycol (NPG) at Nanjing site in China. The new plant has an annual capacity of 40,000 metric tonnes.
“With this new plant, we are responding to our customers’ growing demand for high-quality Neopentylglycol, especially in the Asia Pacific region, and at the same time strengthening our position as the global leading supplier of NPG. We have 55 years of experience in manufacturing and supplying Neopentylglycol to our customers across a broad range of industries,” said Narayan Krishnamohan, senior vice president, BASF Intermediates Asia Pacific.
Neopentylglycol is a unique polyalcohol offering superior performance in many end-use applications such as coatings, textiles and construction due to its high chemical and thermal stability. It is mainly used as a building block in polyester resins for coatings, unsaturated polyester and alkyd resins, lubricants and plasticisers. As the global market leader, BASF has NPG production facilities in Ludwigshafen (Germany); Freeport (Texas, USA) and Jilin (China).