On January 25, nearly 1200 employees of the Company gathered cheerily at Nanjing International Exhibition Center to celebrate the fruitful 2007 and the more promising 2008. On the meeting, Dr. Blumenberg, president of the Company, expressed his gratitude to all the staff for their great efforts in the past year, which turned into satisfying economic results of the Company, then outlined th...

On January 24 of 2008, led by Dr. Blumenberg, President of the Company, a part of the Company's senior management staff paid a visit to Yanjiang Industrial Development Management Committee and held a meeting with its relevant leaders. On the meeting, both sides recalled their works of last year, exchanged views over some issues and agreed that cooperation would be further strengthened to boos...

As one of the major energy consuming enterprises in Nanjing, BASF-YPC Company Limited deliberately made out the energy-saving audit report and the energy-saving plan for the coming three years based on the carefully collected data and information. After the assessment by the Municipal Energy-saving Commission on the implementation of the 2006 energy-saving targets of the Company, it was finally...

On October 8, 2007, the Company was awarded with the "Certificate of Foreign Invested Enterprises with Advanced Technology" by Bureau of Foreign Trade and Economic Cooperation of Nanjing Municipality as it goes in line with the Provisions of the State Council Concerning the Encouragement of Foreign Investments and implementation rules in the aspects of technology process, products quality, cust...

BASF-YPC Company Limited IPS I adopted Limited Resource Project Financing. After two years commercial operation, the Company decided to have refinancing facing new market conditions. The refinancing amounting to 9.5 billion RMB attracted the high attention of both domestic and foreign banks. Initiated by parental companies, BASF and SINOPEC, and approved by the BOD of the Company, the refina...

On September 5 of 2007, the Company, together with Nanjing Municipal Party Propaganda Department, the Consulate General of the Federal Republic of Germany in Shanghai, Nanjing University, Siemens Limited(China) and Bosch-Siemens Home Appliances Sales Company Limited in Jiangsu, signed an agreement on the establishment of Development Fund for John Rabe House. According to the agreement, the C...