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 polymer dispersions, anode binder and UVA filters productions

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.

In Nanjing, the further expansion project of the Verbund site operated by BASF-YPC Co., Ltd. (BASF-YPC), a 50-50 joint venture of BASF and SINOPEC, was completed in November 2023. The expanded plants include a new tert-butyl acrylate (TBA) plant, the first implementation of this advanced production technology outside Germany.

The BASF Zhanjiang Verbund site, with a total investment of around €10 billion, is progressing steadily as scheduled. The site is now focusing on building its core of the Verbund, including a steam cracker and several downstream plants.

In 2023, BASF broke ground on an acrylic acid complex, a neopentyl glycol plant, a citral plant, a polyethylene (PE) plant and a syngas plant. These world-scale facilities, fully integrated into the Zhanjiang Verbund site, are scheduled to start up from 2025 onwards.

In January 2024, BASF celebrated the inauguration of its Thermoplastic Polyurethane (TPU) plant at the Zhanjiang Verbund site, which is the company’s largest single TPU production line for BASF globally.

BASF expanded its footprint in the personal care segment. A new Uvinul^® A Plus production plant came on full stream in Jinshan Shanghai in September 2023.