BASF to establish $10bn site in Guangdong

11.07.2018

German chemical giant BASF will invest $10 billion to build a Verbund chemical production site in South China's Guangdong province as its largest investment project to date, according to a company press release.

Martin Brudermüller, chairman of the board of executive directors of BASF SE, and Lin Shaochun, vice-governor of Guangdong...