At the end of 1885, 20 years after founding Badische Anilin- & Sodafabrik, a director by the name of Theodor Sproesser traveled to China. His job was to convince the Chinese of the benefits offered by our dyes. At the time, this was a very risky but ultimately successful endeavor. Almost everything has changed in China since then. BASF now achieves sales of around 5.5 billion euros and operates state-of-the-art factories in the People’s Republic of China, Hong Kong and Taiwan. We are the largest foreign investor in chemistry and cooperate closely with our local partners, especially Sinopec.