BASF has signed a memorandum of understanding with UPC Technology Corp. to strengthen cooperation on plasticizer alcohols and catalysts for phthalic anhydride and maleic anhydride. Under the MoU, BASF will supply 2-ethylhexanol and n-butanol to UPC from a new oxo-alcohol plant being built at its Zhanjiang Verbund site in China. Start-up is scheduled for next year. UPC’s long-standing partnership with BASF has been built on mutual trust and shared goals, and this strategic agreement will pave the way for a more comprehensive collaboration between our two companies. UPC aim to leverage BASF’s expertise in oxo-alcohols and catalysts, enhancing capabilities in producing high-performance products.