BASF's Verbund site starts production in south China

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BASF's Verbund site starts production in south China

STORY: BASF's Verbund site starts production in south China DATELINE: Sept. 6, 2022 LENGTH: 0:01:02 LOCATION: GUANGZHOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of BASF projects STORYLINE: German chemical giant BASF SE announced the first plants of its Verbund site in Zhanjiang City, south China's Guangdong Province, started production as scheduled on Tuesday. Dr. Martin Brudermuller, chairman of the board of executive directors of BASF, proclaimed this highly-anticipated BASF Zhanjiang Verbund site was put into operation at the plant inauguration ceremony held in Zhanjiang. As planned, the first plants can provide an annual output of 60,000 tonnes of engineering plastic compounds. Haryono Lim, senior vice president of New Verbund Site China of BASF, said that the production capacity can better meet customers' growing demand, particularly in the automotive, electronics, and new energy vehicles industries. The Verbund site marks the first wholly foreign-funded project in China's heavy chemical i

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