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BASF’s first CO2-neutral site; to be 100% powered by renewable energy.
January 17, 2019
By: Anthony Locicero
Copy editor, New York Post
BASF SE and Adani Group signed a Memorandum of Understanding on the eve of the Vibrant Gujarat Global Summit 2019 to evaluate a major joint investment in the acrylics value chain. This will be BASF’s largest investment in India to date. The designated site would be located at Mundra port in Gujarat, India. A feasibility study will be completed by the end of 2019. According to the MoU, BASF and Adani want to establish a joint venture with an investment totaling about €2 billion (approximately...
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