Stepan announces Chinese polyols joint venture.(Stepan Chemical Co. and Sinopec Jinling Petrochemical Corp.)(Brief Article)

Stepan says it has entered into an agreement with Sinopec Jinling Petrochemical (Nanjing, China) to form a joint venture to make aromatic polyester polyols for the Chinese market. The companies will build a facility at Nanjing expected to have capacity for 20,000 m.t./year that will start up in late 2004. Stepan has capacity for 100,000 m.t./year aromatic polyester polyols at Millsdale, IL, and recently completed a …