BASF-YPC COMPANY LIMITED

BASF-YPC Company Limited is a large scale petrochemical 50:50 joint venture between BASF and Sinopec. With a total investment amounting to USD 2.9 billion, its IPS (Integrated Petrochemical Site) I Project was started in September 2001 and put into commercial operation in June 2005. Our mission is to be the preferred supplier of chemical products. The company maintains a competitive and profitable world-scale petrochemical site through Sustainable Development. We satisfy our customers by supplying high quality products and by providing excellent services. We prefer business partners who share our values and principles. We support Responsible Care® and act in a responsible manner towards safety, health and the environment. We treat everyone with respect and encourage open dialogue and self-motivation, We conduct our business with integrity and contribute to the development of the society.