In 2023, BASF posted sales of approximately €9.4 billion to customers in Greater China. We are committed to being close to our customers and growing together with them. Our investments enable us to serve our local customers’ needs with sustainable and innovative products and solutions.
Strategic investments in Greater China
To respond to growing demand from various industries in the Chinese market, BASF is strategically expanding its local production, including sites construction and sustainable development projects.
- Expanded downstream chemical plants of BASF-YPC
- Zhanjiang Verbund site: inaugurated the TPU plant and is now in full swing building its core of the Verbund
- Enhanced investments in anode binder, polymer dispersions, and UVA filters productions
Co-creating sustainable solutions and supporting green transportation
At BASF, sustainable solutions are often achieved through collaborative efforts. With cross-industry co-creations, we seek to develop innovative and sustainable solutions to support our customers.
- Collaborated with partners for applications in renewable energy industry
- Develop battery materials, charging system innovations with partners
- Collaborated to develop battery materials, charging system innovations