BASF and Sinopec inaugurate acrylic acid and SAP plants in

Nanjing, China
New superabsorbent polymers, acrylic acid and butyl acrylate plants
serve growing demand in China market
Integrated production enables resource efficiency and energy
conservation

Nanjing, China April 9, 2014 BASF and Sinopec today inaugurated two new
plants for acrylic acid and superabsorbent polymers (SAP) at their state-of-the-art
Verbund site, BASF-YPC Co., Ltd., a 50-50 joint venture in Nanjing, China.
Additionally, a new butyl acrylate plant will begin production later this year.
The new plants will further strengthen the C3 (propylene) value chain and serve the
growing downstream demand. With an annual capacity of 60,000 metric tons, the
new SAP plant will serve growing demand in China for baby diapers, adult
incontinence products and feminine care products.
BASF is investing in Asia Pacific to produce 75% of our Asia Pacific sales locally, in
order to ensure faster, more energy-efficient, more reliable supply. With the start-up
of these projects, we continue to build on the success of our strong partnership with
Sinopec, and reinforce our commitment to serving the hygiene industry in China and
Asia as well as around the world, said Albert Heuser, President, Greater China and
Functions Asia Pacific, BASF.
The start-up of these projects will continuously improve the companys ability to
meet the demands of our customers. It will create new opportunities for sustainability
and will make a positive contribution to clean production. It will also enhance
industrial development, said Chang Zhenyong, Vice Chief Engineer, Director of
Chemical Department, Sinopec Corporation.

BASFs Verbund system creates efficient value chains that extend from basic
chemicals right through to high-value-added products. In addition, the by-products of
one plant can be used as the starting materials of another. At the BASF-YPC
Verbund site in Nanjing, SAP, butyl acrylate and acrylic acid production will be
backward integrated into the manufacturing of C3. This ensures greater supply
reliability, energy efficiency, and cost effectiveness, while minimizing energy use and
environmental impact.

About BASF-YPC
BASF-YPC Co., Ltd. is a 50-50 joint venture between BASF and Sinopec, founded in 2000, with a total
investment of $4.5 billion. The integrated petrochemical site produces 3 million tons of high-quality
chemicals and polymers for the Chinese market annually. The products serve the rapid-growing
demand in multiple industries including agriculture, construction, electronics, pharmaceutical,
automotive and chemical manufacturing.
BASF-YPC Co., Ltd. successfully started commercial production at the first phase of the integrated
petrochemical site in 2005 and inaugurated the second phase creating an extended value chain and
increasing the production of fine chemicals in January 2012. BASF-YPC further expands its acrylic
acid value chain with additional acrylic acid and butyl acrylate plants. Together with the
superabsorbent polymer plant, which was put on stream in December 2013, BASF-YPC will enhance
its support to home care and hygiene industries as well as coatings, textiles, and construction
industries. These plants are interconnected in order to use products, by-products and energy in the
most efficient way, to save cost and minimize environmental impact. The site also has a gas-fired
power plant and an international port on a tributary of the Yangtze River to ensure optimum energy
supply and logistics. BASF-YPC Co., Ltd. posted sales of 2.84 billion in 2013 and employed 1,993
people as of the end of that year.

About SINOPEC
Sinopec is one of the largest integrated energy and chemical companies with upstream, midstream
and downstream operations in China. Its principal operations include: the exploration and production,
pipeline transportation and sales of petroleum and natural gas; the sales, storage and transportation of
petroleum products, petrochemical products, synthetic fiber, fertilizer and other chemical products;
import and export, as well as import and export agency business of oil, natural gas, petroleum
products, petrochemical and chemical products, and other commodities and technologies; and
research, development and application of technologies and information.

Adhering to its corporate mission of enterprise development, contribution to the country, shareholder
value creation, social responsibility and employee wellbeing, Sinopec implements strategies of
resources, markets, integration, internationalisation, differentiation and green low-carbon development
with a view to realize its vision of building a world first class energy and chemical company.

About BASF
BASF is the worlds leading chemical company: The Chemical Company. Its portfolio ranges from
chemicals, plastics, performance products and crop protection products to oil and gas. We combine
economic success with environmental protection and social responsibility. Through science and
innovation, we enable our customers in nearly every industry to meet the current and future needs of
society. Our products and solutions contribute to conserving resources, ensuring nutrition and
improving quality of life. We have summed up this contribution in our corporate purpose: We create
chemistry for a sustainable future. BASF had sales of about 74 billion in 2013 and over 112,000
employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt
(BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at
www.basf.com.

Media contacts
BASF
Jennifer Moore-Braun
Phone: +49 621 60 99123
jennifer.moore-braun@basf.com

SINOPEC
Yan Huirong
Phone: +86 10 5996 9722
hryan@sinopec.com

Genevieve Hilton
Phone: +852 2731 0197
Mobile: +852 9025 9857
genevieve.hilton@basf.com