BASF Advances China Expansion as Zhanjiang Site Targets €5B Sales
- By MarketBeat
- Added on Jun 09, 2026
BASF says its new Zhanjiang Verbund site in Guangdong, China, has started operations on schedule and below budget. The facility is expected to generate €4 billion to €5 billion in sales by 2030, with EBITDA turning positive from 2027 as production ramps up. The company is positioning the site as a low-carbon, digitally enabled hub powered by 100% renewable energy. read more







