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in Greater China 2024

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BASF in Greater China 2024

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

Dr. Jeffrey Lou

President and Chairman Greater China, BASF

Discover our stories

BASF Group at a glance
•  Achieved sales of €65.3 billion
•  111, 822 employees worldwide
•  6 Verbund sites,  235 production sites worldwide
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People on a sailing boat in the ocean, under a bright sky, surrounded by a key visual of four lines in blue, orange, green and red (photoshopped)
Our Strategy
Chemistry is our passion. We make use of this passion for our customers: We want to offer them the best possible solutions and help them achieve their sustainability goals.
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BASF in Asia Pacific
•  Present in 19 markets
•  Sales: around €16.2 billion
•  2 Verbund sites, 70 production sites
•  2 Innovation Campuses
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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.