China’s Sinopec and its German joint venture partner BASF have appointed financial institutions to help raise US$1.4 billion for the construction of an integrated petrochemical complex in Nanjing, China. Their equally owned company BASF-YPC Company Limited will build and operate a US$2.9 billion complex comprising a 600,000 metric tons/year ethylene plant and nine downstream units…
CHINA: Sinopec, BASF appoint banks to raise US$1.4 b for petrochemical project
Posted on July 30, 2002 by EnergyAsia