BASF launches $10B smart Verbund project in Zhanjiang, China

BASF has officially launched its largest-ever investment project, the BASF smart Verbund project in Zhanjiang, Guangdong, China, with financing estimated up to US$10 billion. Initial plants for engineering plastics and TPU are expected to go into production by 2022, with the full site completed by 2030.

“German chemical giant BASF on Saturday officially launched its largest-ever investment project, with financing estimated to reach up to US$10 billion upon completion, in south China's Guangdong province.”echemi.com

• 4 sources
• echemi.comGerman giant BASF starts large investment project in ChinaApr 16, 2020
• basf.comBASF started piling of the first plants of its smart Verbund project in Zhanjiang, GuangdongMay 29, 2020
• basf.comBASF started piling of the first plants of its smart Verbund project in Zhanjiang, GuangdongMay 29, 2020
• basf.comBASF started piling of the first plants of its smart Verbund project in Zhanjiang, GuangdongMay 29, 2020

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