On June 16th, after a total of 62 days from April 15th, the first Site Turnaround of BASF-YPC Company Limited was successfully completed. Treated as a collection of simultaneous overhaul of all plants and utilities, execution of mandatory inspections and IPS II expansion work(e.g. the Tie-In points), the turnaround had been carried out towards a common goal of not only a successful Tu...

On May 18th, BASF-YPC Company Limited (BYC) signed a financing agreement for the Integrated Petrochemical Site II (IPS II) expansion project with the loan syndicate in Nanjing. To IPS II expansion project that broke ground in September 2009, this agreement is a new milestone; further more, to BYC which is the largest Sino-German joint venture, this will surely be the solid foundation for the...

On April 30, 2010, the 19th BOD meeting of the Company was held at Sofitel Zhongshan Golf Resort Hotel in Nanjing. Dr. Ma Qiulin, BOD Chairman, and Dr. Heuser, Vice BOD Chairman, presided over the meeting.The board of directors listened to the work reports of the management team and made decisions for several important issues concerning operation and development of the Company.The meeting ac...

On April 12 of 2010, BASF-YPC Company Limited convened a community dialogue to communicate with the neighbors about the arrangements of the coming turnaround and the possible impact on the environment. 16 representatives of nearby Changlu and Yudai communities attended. In the dialogue, the director of site turnaround briefed the attendees the reasons of the turnaround for the first time i...

On April 9, 2010, Dr. Norbert Röttgen, Germany's Minister of Environment, Nature Conservation and Nuclear Safety and his visiting group inspected the Company's Integrated Petrochemical Site, accompanied by Dr. Brudermüller, member of the board of executive directors of BASF SE responsible for Asia Pacific, Dr. Blumenberg, president of the Company, and other Company management members.

BASF-YPC Company Limited will set about the site turnaround for the first time in 5 years from April 15th, 2010. All the plants will be shut down in a planned sequence.The turnaround has been put on the schedule based on the following reasons and purposes:1. To execute all the required mandatory inspections of the pressure equipments (vessels & pipelines) to fulfill national legal requireme...