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BASF, Guangdong Provincial Gov’t Sign Agreement to Establish Verbund Site

Site will be located in Zhanjiang, China.

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By: Anthony Locicero

Copy editor, New York Post

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. Following the signing of the Memorandum of Understanding in July 2018, BASF selected the city of Zhanjiang as the location for its second Verbund site in China. “By 2030, China’s share of the global chemical producti...

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