BASF

All news and posts of our editorial team on the topic

Dubourg leaves BASF board
BASF board member Saori Dubourg is leaving the company unexpectedly at the end of the month – apparently over a dispute about the company’s China strategy. Dubourg had been a member of the Board since 2017 and was expected to become the first female chairwoman of the Board. During her career at the Ludwigshafen-based chemical […] continue reading →
Companies continue to invest in China despite risks
German companies are some of the biggest investors in China. Some are spending tens of billions on new projects. Analysts warn of increasing risks. But for the big players, growth in China is still just too tempting. Meanwhile, the Chinese sites of German companies continue to decouple themselves from the rest of the world. continue reading →
BASF’s billion-euro project harbors risks
Despite zero-Covid and geopolitical tensions, BASF opens its new plant in China. The chemical giant will invest a total of around €10 billion. It is the largest investment by a German company in the People's Republic. continue reading →
BASF Verbund site on schedule
Chemical company BASF has granted final approval for the construction of its planned Zhanjiang Verbund site in southern China’s Guangdong province. The company also announced that construction work is now focusing on the core, which includes a steam cracker and facilities for the production of petrochemicals and intermediates.BASF will invest up to €10 billion in […] continue reading →
BASF to produce more battery materials
BASF is expanding its battery materials production capacity in China in response to high demand from the EV industry. The joint venture between BASF and Chinese supplier Shanshan will expand its capacities in Changsha in Hunan province and in Shuizuishan in Ningxia province, the chemical company announced Wednesday. The joint venture would thus achieve an […] continue reading →
Martin Brudermueller – BASF Board member with affection for China
When chemical giant BASF revealed its first financial figures of the year back in May, the optimism coming from its headquarters in Ludwigshafen was clearly audible. The targets for 2021 were raised, thanks above all to the Chinese market. Sales in the People’s Republic rose by 43 percent compared to the first quarter of 2020. […] continue reading →
BASF and Sinopec expand Verbund site
German chemical company BASF and its joint venture partner Sinopec are expanding their jointly operated Verbund sites in Nanjing. Among other things, the production capacities of several plants for downstream chemicals are to be increased, as both companies announced on Thursday. Both companies also plan a new production plant for tert-butyl acrylate to meet the […] continue reading →
Batteries: BASF and Shanshan establish joint venture
BASF and Shanshan Energy agreed to establish a joint venture with BASF as the majority shareholder to produce cathode materials and their precursors in China. According to the company, the joint venture will give BASF access to the Chinese market for cathode materials. Approval from the relevant authorities is still pending and the joint venture […] continue reading →
EU-China agreement still possible
Angela Merkel wanted to crown her EU Council presidency with an investment protection agreement with China. For a long time, it looked as if the negotiations would fail. But the talks are continuing this week – not without prospects of success. continue reading →