BASF in Greater China 2024
BASF In Greater China 2024
BASF publishes its integrated Greater China Report for the 17th consecutive year.The report reviews performance across the three dimensions of sustainability — economy, environment, and society — in Greater China for the year 2024. This marks the first occasion that BASF Greater China has disclosed comprehensive information since the launch of BASF’s “Winning Ways” strategy in 2024.
Our net sales in Greater China declined slightly to €8.6 billion in 2024. However, the sales volume witnessed a 2% year-over-year growth, demonstrating our resilience and steady recovery amid industry challenges. Despite the headwinds, we remain committed to our purpose — we create chemistry for a sustainable future – and will navigate forward with the mindset of transformation
Discover our stories
BASF in Greater China at a Glance
With larger production sites in Shanghai, Nanjing, Chongqing and Zhanjiang (under construction), BASF is a major foreign investor in the country’s chemical industry, and operates the Innovation Campus Shanghai, BASF’s largest R&D site in Asia. BASF posted sales of approximately €8.6 billion1 in 2024 to customers in Greater China and employed 12,687 people as of the end of the year.