Setting an example for sustainable global production – a panel of BASF Performance Materials executives

On September 6, BASF officially put into operation
the first plant at the Zhanjiang Verbund site.

With a total investment of EUR 10 billion, the site is BASF's largest investment to
date.

Relying on advanced concepts and technology

Yongwan Ting is very proud
of BASF's Zhanjiang integration project.

Yong Wanting introduced that the first batch of commercial products produced by the first set of equipment in Zhanjiang Base has been delivered to customers
.

Zhanjiang integrated production base uses 100% renewable energy for power supply and energy
supply.

Stand with the source of innovation

Bao Leiwei introduced that China is the world's largest chemical market and the world's largest automobile market
.

According to Bao Leiwei, relying on the Zhanjiang integrated base, BASF will help customers in South China to produce high value-added products
in a more efficient, sustainable and high-quality way.

In order to better serve the electric vehicle industry in China and the Asia-Pacific region, BASF is increasing its research and development efforts
.

In addition to its comprehensive R&D capabilities, BASF's co-creation centers also provide a window
into which innovative solutions can be made.

The Company will expand its diversified downstream installations

Yong Wanting revealed that in the second half of 2023, the thermoplastic polyurethane plant of Zhanjiang Integrated Base will also be put into operation
.

For BASF, China is the second largest market after the United States and has huge growth potential
, Yong Wanting said.