BASF and Markor sign contracts for butanediol and polytetrahydrofuran joint ventures in China
BASF and Xinjiang Markor Chemical Industry Co., Ltd. (Markor) have signed key cooperation contracts for the establishment of joint ventures for the production of butanediol (BDO) and polytetrahydrofuran (PolyTHF, chemical name: polytetramethylene ether glycol). The joint venture companies will be established once the relevant Chinese regulatory approvals are obtained.