The initial phase of BASF Guangdong Verbund site achieved 500,000 safe working hours
BASF today celebrated for achieving consecutive 500,000 safe working hours for its initial phase of Guangdong Verbund site in Zhanjiang. This came as another substantial progress since its start of piling on May 30, 2020.
“At BASF, we value the health and safety of people above all else. We are dedicated to our corporate commitment that we produce safely for people and the environment,” said Gong Yi Hong, Vice President, Senior Project New Verbund Site China – Integrated Project Management, BASF. “The progress today is a result of great teamwork from all team members, fellow contractors as well as strong support from local government. We are confident to continue extending our safe working hours achievement with the joint efforts from all.”
In November 2019, BASF commenced preparations to build the first plants of its new smart Verbund site project in Zhanjiang, Guangdong province. Announced in July 2018, the project would be BASF’s largest investment with around US$10 billion upon completion and would be operated under the sole responsibility of BASF. The site would ultimately be the third-largest BASF site worldwide, following Ludwigshafen, Germany, and Antwerp, Belgium. The first plants will produce engineering plastics and thermoplastic polyurethane (TPU) with the first plant to be operational by 2022 to serve the increasing needs of various growth industries in South China and throughout Asia.
About BASF in Greater China
BASF has been a committed partner to Greater China since 1885. With large production sites in Shanghai, Nanjing and Chongqing, BASF is a major foreign investor in the country’s chemical industry, and operates the Innovation Campus Shanghai, a global and regional research and development hub. BASF posted sales of more than €7.3 billion in 2019 to customers in Greater China and employed 9,230 people as of the end of the year. For further information, please visit www.basf.com/cn/en.
About BASF
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 117,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €59 billion in 2019. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.
