The butadiene installation newly erected by Yangtze Petrochemical with an annual production capacity of 100,000 tons were put into trail operation on 16 April and has produced competent products. Thus far, the butadiene production capacity of Yangtze Petrochemical has reached 206,000 tons per year, thus ranking it as the country's biggest producer of butadiene. Besides, butadiene production has become a point of profit growth to be recorded by Yangtze Petrochemical in this year.
With the fast development of China's automobile industry, the number of automobiles possessed in the Chinese market has kept growing steadfastly, so has the Chinese market's demand for automobile tyres. The market of butadiene, which is a major raw material of rubber, looks promising and is expected to bring forth fat returns for investors. Nanjing region hosts a closely-knit industrial chain consisting of such players as Yangtze Petrochemical Butadiene, Yangtze Petrochemical Jinpu Rubber, Nanjing Jinhu Tyre, and such giant petrochemical enterprises as Yangtze Petrochemical, Yangtze-BASF, and Jinling Petrochemical, etc. These players are strongly supplemental to each other in terms of material sourcing. In addition to employing its self-owned raw materials, Yangtze Petrochemical Butadiene may also use the raw material resources of Yangtze BASF, thus having enjoyed solid advantages for the good of its business expansions.
Yangtze Petrochemical's butadiene installation with a production capacity of 100,000 tons/year was put into operation officially on 20 March 2007 and has been built and handed over ready for use on 20 March 2008. This project is contracted for as a whole by Nanjing Yangtze Engineering Co., Ltd., designed by SinoPec Shanghai Engineering Co., Ltd. and Nanjing Yangtze Design Company, and constructed by the 5th Construction Company, the 2nd Construction Company and the 4th Construction Company of SinoPec as well as Nanjing Yangtze Inspection and Installation Co., Ltd. It costs a total investment of about RMB 247 million yuan.