BASF in Greater China 2024
BASF in Greater China
At a glance
BASF has been a committed partner to Greater China since 1885. 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 billion in 2024 to customers in Greater China and employed 12,687 people as of the end of the year.
As of the end of 2024, BASF has cumulatively invested more than €13 billion in Greater China (approximately €17 billion with partners) to build a locally competitive production, marketing, sales, technical service and innovation network.
BASF currently operates 27 major wholly-owned subsidiaries, 11 major joint ventures, and maintains 28 sales offices in Greater China. BASF’s business in Greater China includes Petrochemicals, Intermediates, Performance Materials, Monomers, Dispersions and Resins, Performance Chemicals, Care Chemicals, Nutrition & Health, Coatings, Environmental Catalyst and Metal Solutions, Battery Materials, and Agricultural Solutions.
[1] Sales of BASF Group companies in the scope of consolidation, as of December 31, 2024. Sales of joint ventures and associated companies with BASF’s investment of between 20% and 50% in general which are consolidated at equity (e.g., BASF-YPC Company Limited) are not included.
BASF major sites in Greater China
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