BASF CEO Says New China Plant Helps to Open Up Chemicals Market

BSF is making a significant investment in China, marking a milestone for the chemical industry. This investment, supported by Chinese authorities, allows BSF to fully own a new site in Guangdong Province. The move is part of BSF's strategy to align production with market locations, mitigating risks amid trade conflicts. The investment reflects the gradual opening of the Chinese market, with political backing from both German and Chinese leaders, enhancing bilateral relations.

In what ways does the investment strategy address the current trade conflicts?

What does the full ownership of the new site indicate about the Chinese market?