BASF in Greater China 2022

BASF posted sales of approximately €11.6 billion in 2022 to customers in Greater China. In the last two decades, BASF has invested more than €9 billion in Greater China (more than €13 billion with partners) to build a locally competitive production, marketing, sales, technical service, and innovation network which contributes to the profitable growth of the BASF Group.

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Welcome letter from the President

"BASF Greater China had a volatile and challenging 2022, but it was still a significant and incredible year. I am so proud of our team's perseverance, dedication, and commitment throughout the year to ensure safe production, timely deliveries, and business continuity. "

- Dr. Jeffrey Lou, President and Chairman Greater China, BASF

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Chongqing, China downtown city skyline over the Yangtze River.

BASF in Greater China

BASF in Greater China at a Glance

BASF posted sales of approximately €11.6 billion in 2022 to customers in Greater China and employed 11,411 people as of the end of the year. Greater China is currently BASF’s second largest market after the United States.

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The heart of BASF Group is BASF SE headquartered in Ludwigshafen, Germany. With about 250 production plants, several hundred laboratories, technical centers, workshops and offices, it is the largest integrated chemical complex in the world.

The BASF Group

BASF Group at a glance

• Achieved sales of €87.3 billion

• 111,481 employees worldwide

• 6 Verbund sites and another 239 production sites worldwide

• Around 82,000 customers are at the core of our strategy

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The BASF Group

BASF in Asia Pacific

• BASF in Asia Pacific is present in 19 markets

• 2 Verbund sites with 70 production sites

• 2 major R&D sites: Innovation Campus Shanghai, Innovation Campus Mumbai

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BASF in Asia Pacific

Innovation

Innovation is the bedrock of BASF’s success as a leading chemical company and is the key driver for its profitable growth. Asia is now the largest regional chemical market in the world and there is a growing demand for more sustainable products and solutions.

• Growing R&D capabilities in Asia Pacific

• Driving open innovation with academia and industry

• Nurturing research talents

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BASF in Greater China

Business Development

At BASF, 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

• Growing capabilities in local production and R&D

• Partnering for low-carbon emissions project

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BASF in Greater China

Supplier management

As a global enterprise, we have a responsibility to meticulously manage our supply chains. BASF aims to improve its supply chains sustainability and exceed customer expectations through its industry collaborations and digitalization strategies.

• Chemical industry agrees on global standard for calculating Product Carbon Footprint (PCF)

• Ensuring delivery to customers and business continuity

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BASF in Greater China

Environmental Protection, Health and Safety

Protecting people and the environment is our top priority. Our EHS professionals play a critical role in preventing incidents and accidents, and reducing any possible adverse effects resulting from the operating conditions.

• Health and safety

• Energy efficiency and environmental protection