Letter of Intent for IPS Project signed.
IPS Project Proposal approved.
November 4, 1999
Joint Feasibility Study Report Agreement signed.
Joint Feasibility Study Report Agreement approved.
Joint Venture Contract signed.
November 10, 2000
Land Grant Use Contract for IPS Project initialed in Hilton Hotel.
December 4, 2000
Business License obtained.
BASF appointed Dr. Bernd Blumenberg as President of the Company.
December 6, 2000
SINOPEC/YPC appointed Mr. Pang Jiasheng as Vice President and General Manager Finance, Accounting, EDP and Material Management Division, Mr. Tan Xiaoping as Generalof Manager of Human Resources and Administration Division.
December 8, 2000
BASF-YPC Company Limited established and Inauguration Ceremony held in Great Hall of the People, Beijing.
December 11, 2000
The 1st BOD meeting was held in Beijing.