Topic: chinese federal government accepts development

The Chinese main government has actually authorized the Joint Expediency Study Report sent by BASF as well as Sinopec for the growth of their joint venture, BASF-YPC Co., Ltd. (BYC), in Nanjing, China, as of July 1, 2009. BASF and also Sinopec will collectively invest about $1.4 billion in advanced technologies to produce downstream specialty chemicals for the Chinese market, serving multiple markets such as building, electronic devices, pharmaceutical, automotive and also chem...