Business Development

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

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Co-creating sustainable solutions and supporting green transportation

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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

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
Enhanced investments in anode binder, polymer dispersions, and UVA filters productions

Sustainable solutions and green transportantion

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

Promoting low-carbon transformation

BASF is committed to climate protection and aims to achieving

net zero CO₂ emissions by 2050.

Growing capabilities in local production and R&D

At BASF, we prioritize investing in regions where our customers are located and where there is market growth.

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Business adjustment and Venture Capital

BASF restructured existing businesses to focus on growth markets, thereby positioning the company for long-term success and expanded opportunities.