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On September 28th, 2009 BASF and SinopecCorp. began the construction for the expansionof their joint venture, BASF-YPC Co.,Ltd. (BYC), in Nanjing, eastern China. BASFand Sinopec plan to jointly invest approximatelyUS$1.4 billion in technologies to producedownstream chemical intermediates andspecialties for the Chinese market.
(BYC), in Nanjing, eastern China. BASF and Sinopec plan to jointly invest approximatelyUS $ 1.4 billion in technologies to manufacturedownstream chemical intermediates andspecialties for the Chinese market.