Economy&Life | BASF puts multibillion-euro chemical complex in China into full operation

ZHANJIANG, March 26 (Xinhua) -- German chemicals giant BASF on Thursday put its massive production complex in Guangdong Province into full operation, marking the largest single investment project wholly owned by a German enterprise in China.

With an investment of 8.7 billion euros (about 10 billion U.S. dollars), the integrated site covers about 4 square kilometers in Zhanjiang City, Guangdong, the company said.

The complex, known as a Verbund site, has successfully started up 32 production lines and is producing more than 70 products, including basic chemicals, intermediates and specialty chemicals for the transportation, consumer goods, electronics, home and personal care industries.

More Beijing News

Access More

Sign up for Beijing News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!