BASF has begun production of the first products from its Zhanjiang Verbund site in South China, its largest investment, ~€8.7 billion (~$10.06 billion).
The milestone strengthens BASF’s local-for-local strategy and supports sustainable growth in Asia.
The site, featuring a 1 Mt ethylene steam cracker and downstream plants, is set for full startup by end-2025, remaining on schedule and below budget.