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BASF Launches Biggest Overseas Project in China with Green-Powered Mega-Site
- BASF inaugurated a world-scale Verbund chemical production site in Zhanjiang, Guangdong province, China, marking its largest global investment at around 8.7 billion euros and employing over 2,000 people.
- The site uses innovative and sustainable technology powered entirely by renewable energy to reduce CO2 emissions by up to 50% compared to conventional chemical plants.
- The facility produces a diverse range of products primarily for the Chinese market and aligns with BASF's global 'local-for-local' strategy.
- This investment represents strengthened Sino-German economic cooperation and reflects strong international confidence in China's chemical market amid supportive government policies.
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14 Articles
14 Articles
On an island between palm trees and fields BASF has built in southern China the "modernest plant for chemical production" in the world.
·Frankfurt, Germany
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BASF opens its new mega plant in Zhanjiang, China. The record investment of 9 billion euros is associated with some risks. The head of the company is undisputed. By Marie Mallinckrodt and Eva Lamby-Schmitt[more]]>
·Hamburg, Germany
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German chemical company BASF has opened a new plant in China.
·Germany
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Total News Sources14
Leaning Left4Leaning Right1Center4Last UpdatedBias Distribution45% Left, 44% Center
Bias Distribution
- 45% of the sources lean Left, 44% of the sources are Center
45% Left
L 45%
C 44%
11%
Factuality
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