Zhongtai Group joins hands with BASF to deepen cooperation in the entire BDO industry chain

On July 6, Hua Siliang, Senior Vice President of BASF’s Intermediates Business Unit in Asia Pacific, and his delegation visited Xinjiang Zhongtai Group, and held exchanges and discussions on consolidating traditional friendship, expanding mutually beneficial cooperation, and promoting common development. At the symposium, Wang Pingyang, Secretary of the Party Committee and Chairman of Zhongtai Group and other leaders warmly welcomed the arrival of Hua Siliang and his party.

Wang Pingyang introduced the development of Zhongtai Group at the meeting. He said that based on the resource advantages of Xinjiang, Zhongtai Group focuses on the three main industries of chemical industry, textile and agriculture, and has built seven industrial bases in Xinjiang. It has become the largest BDO in China and the third largest in the world. Professional supplier. Zhongtai Group has established and maintained a long-term good cooperative relationship with BASF over the years. The cooperation project between the two parties has fully utilized Xinjiang’s resources and location advantages. With the help of BASF’s first-class management and technical support, relying on the complete public works and supporting facilities of the Markor Park, an integrated operation consortium of the upstream and downstream of the BDO industry chain has been formed. It has greatly improved the resilience and security level of the BDO industrial chain supply chain, and injected strong momentum into the economic and social development of Xinjiang.

As a world-leading chemical company, BASF has first-class management concepts and innovative capabilities. Its development experience is worth learning from. The two parties have great potential for cooperation. Zhongtai Group will always adhere to open cooperation, actively abide by laws and regulations, actively face supervision, continue to promote the concept of green development, and look forward to further innovation on the basis of the existing cooperation model with BASF, expand cooperation fields, expand cooperation results, and carry out extensive cooperation. Exchange and cooperation in various fields such as BDO industry chain, fine chemical industry, green chemical industry and green energy, establish long-term and stable friendly cooperative relations, continue to transform resource advantages into industrial advantages and transformation power, and constantly cultivate new economic growth points to promote Contribute to the high-quality development of both parties.

Hua Siliang said that Zhongtai Group, as a large state-owned backbone enterprise in the autonomous region, enjoys good reputation and rapid development speed, and has made breakthroughs in the fields of coal chemical industry, petrochemical industry and textile. The two parties have always adhered to the legal and compliant business philosophy in the process of cooperation, and achieved fruitful cooperation results. With the accelerated development of green transformation, the green industry is showing a rapid growth trend. BASF will continue to pay attention to issues such as carbon management and circular economy. Deepen cooperation in chain extension, green energy and other fields, accelerate the establishment of working groups, transform green energy into local development advantages, reduce the carbon footprint of the energy industry, promote the high-quality development of both companies, and contribute more to the realization of global green development .

Bo Yang, Senior Vice President of Operations and Base Management of BASF Greater China, Bo Minshan, Vice President of Operations and Technical Intermediates of BASF Asia Pacific, Wang Lifeng, General Manager of BASF Markor Chemical (Xinjiang) Co., Ltd. , General Manager Bian Deyun, Party Committee Member and Deputy General Manager Liang Bin, Party Secretary and Chairman Song Zhimin of Markor Chemical, and heads of relevant functional departments and units of Zhongtai Group attended the symposium.

The BDO production capacity of Meike Chemical Industrial Park has reached 400,000 tons/year, and the fifth phase of 100,000 tons/year BDO and 60,000 tons/year PBAT projects are currently under construction.