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The first batch of equipment piling for BASF's new integrated base in Guangdong starts construction

 Last Update: 2021-09-04
 Source: Internet
 Author: User

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Sinochem New Network News On May 30, BASF's Guangdong new integrated base project officially started piling and construction in Zhanjiang, Guangdong.
This project with a total investment of US$10 billion has officially entered the civil construction stage
.

This is another important milestone for the project since its official launch in November last year

Mr.
Lin Hanping, BASF’s senior vice president and head of China’s new integrated base, said: “It only took less than two years from the signing of the memorandum of understanding to the opening and construction of the first batch of devices.
Strong support, and the continuous efforts of the BASF team and partners
.

The project is currently progressing steadily and orderly, and we are confident that we will launch the first batch of products

It is reported that BASF signed the first memorandum of understanding with the Guangdong Provincial Government in Berlin, Germany, in July 2018, and signed a framework agreement in January 2019 to formulate planning details
.

The Guangdong Integrated Base will be BASF's largest overseas investment project to date

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