Sinopec, BASF Eye 2nd Chinese Petrochemical JV
Under their memorandum of understanding, the companies will begin to pursue the construction and operation of a “world-scale” Chinese plant to produce iso-nonanol, a petrochemical feedstock used as a plasticizing agent in wires, flooring and building materials.
“As the Chinese market continues its rapid growth with booming demand for plasticizers the [prospective...
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