BASF has been a committed partner to Greater China since 1885. With investments in Shanghai, Nanjing and Chongqing, BASF is a major foreign investor in China’s chemical industry, and maintains the BASF Innovation Campus Shanghai as a global research and development hub. BASF posted sales of approximately €7.3 billion in 2017 to customers in Greater China, and employed 8,982 people as of the end of the year. Greater China is currently BASF’s third largest market after Germany and the United States.
BASF currently operates 25 wholly-owned subsidiaries, seven major joint ventures, and maintains 24 sales offices in Greater China. BASF’s business in Greater China includes intermediates, monomers, petrochemicals, dispersions & resins, care chemicals, nutrition & health, performance chemicals, catalysts, construction chemicals, coatings, performance materials and agricultural solutions. These chemical products are used in almost all areas of daily life such as in houses, cars, food, agriculture, pharmaceuticals, textile, sportswear, household goods, and electronic equipment. BASF has invested more than €6 billion in Greater China (more than €8 billion with partners) to build a locally competitive production, marketing, sales, technical service and innovation network.