BASF agrees terms for $10bn Guangdong Province investment Regular readers of China Direct will remember that in September, BASF featured on the site having announced plans to invest $10 billion in a new chemical production site in Guangdong Province. In January, BASF inked a $10 billion framework agreement with the Guangdong government to build a chemicals complex in China’s most populous province. It will be China’s first wholly foreign-owned chemicals complex — and the German firm’s single largest investment. Total investment will be US$10 billion, making it the largest ever single foreign investment in China. It will be BASF’s third largest production site in the world, after those in Ludwigshafen and Antwerp in Belgium. German chemical giant BASF to establish $10b site in Guangdong. 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, the German chemical group’s chief executive, said the facility in Guangdong province is the largest investment in BASF’s 154-year history and reflects confidence in the growth 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
26 Nov 2019 The Verbund site in Guangdong would be BASF's largest investment, estimated at up to $10 billion upon completion, and would be operated
German chemical giant BASF to establish $10b site in Guangdong. 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, the German chemical group’s chief executive, said the facility in Guangdong province is the largest investment in BASF’s 154-year history and reflects confidence in the growth 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
BASF is investigating the possibility of building a highly-integrated “Verbund” chemical production site in the South Chinese province of Guangdong. Today, Martin Brudermüller, BASF’s Chairman of the Board of Executive Directors, and Lin Shaochun, Executive Vice Governor of Guangdong Province, signed a non-binding Memorandum of Understanding in Berlin, in the presence of Germany’s Chancellor Angela Merkel and the Chinese Premier Li Keqiang.
BASF Chairman Martin Brudermüller and Guangdong's Executive Vice Governor have signed a non-binding agreement for the investment, state-backed Chinese news site The Paper reported today. The facility will become the Ludwigshafen-based company's third largest integrated production site upon completion in 2030. BASF agrees terms for $10bn Guangdong Province investment Regular readers of China Direct will remember that in September, BASF featured on the site having announced plans to invest $10 billion in a new chemical production site in Guangdong Province. In January, BASF inked a $10 billion framework agreement with the Guangdong government to build a chemicals complex in China’s most populous province. It will be China’s first wholly foreign-owned chemicals complex — and the German firm’s single largest investment. Total investment will be US$10 billion, making it the largest ever single foreign investment in China. It will be BASF’s third largest production site in the world, after those in Ludwigshafen and Antwerp in Belgium.
28 Aug 2012 BASF and Sinopec signed a Memorandum of Understanding to start the study of a new isononanol facility in Maoming, Guangdong Province, China. at year end 2012 to make final investment decision (FID) in following.
Martin Brudermüller, the German chemical group’s chief executive, said the facility in Guangdong province is the largest investment in BASF’s 154-year history and reflects confidence in the growth
Martin Brudermüller, Chairman of the Board of Executive Directors, BASF SE, and Lin Shaochun, Vice Governor of Guangdong Province, signed a Framework Agreement in Ludwigshafen setting out further details of BASF’s plan to establish a new smart Verbund site in Guangdong, China. The total investment is estimated to reach up to $ 10 billion and will be implemented in phases.
28 Aug 2012 BASF and Sinopec signed a Memorandum of Understanding to start the study of a new isononanol facility in Maoming, Guangdong Province, China. at year end 2012 to make final investment decision (FID) in following. 8 Dec 2016 The Inauguration Ceremony of BASF Coatings (Guangdong) Co., Ltd. Investment supports growing demand in Value-for-Money segment in 10 Jan 2019 Martin Brudermüller, Chairman of the Board of Executive Directors, BASF SE, and Lin Shaochun, Vice Governor of Guangdong Province, 11 Jul 2018 Besides the memorandum of understanding for the construction of the BASF complex in Zhanjiang, Guangdong province, the parties also