BASF, Sinopec to Expand Production at Chinese Site
August 05 2021 - 4:41AM
Dow Jones News
By Giulia Petroni
BASF SE on Thursday said that it would further expand production
capacity at its Verbund site in China along with state-controlled
Sinopec Group.
The German chemicals company said it will expand several
downstream chemical plants and build a new plant to support the
local market. The plants are set to come on stream in 2023.
The site is operated by BASF-YPC Co., a 50-50 joint venture
between BASF and Sinopec.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
August 05, 2021 04:37 ET (08:37 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Sinopec Shanghai Petroch... (NYSE:SHI)
Historical Stock Chart
From Jul 2024 to Aug 2024
Sinopec Shanghai Petroch... (NYSE:SHI)
Historical Stock Chart
From Aug 2023 to Aug 2024