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Chinese government approves expansion in Nanjing

| By Gerald Ondrey

The Chinese central government has approved the Joint Feasibility Study Report submitted by BASF and SINOPEC for the expansion of their joint venture (JV), BASF-YPC Co., Ltd. (BYC), in Nanjing, China, as of July 1, 2009. BASF SE (Ludwigshafen, Germany;…