BASF SE
BASF has been a committed partner to China since 1885. The company started its local operations by selling textile dyes to the flourishing cotton cloth market, and is now one of the leading foreign investors in the Chinese chemical industry. Since 1999, BASF has increased its sales by an average of around 20 percent per year in China (Greater China: People’s Republic of China, Hong Kong and Taiwan). In 2009, it achieved sales of more than €4.1 billion with about 6,400 employees. This means China is currently BASF’s third largest market after Germany and the United States. BASF currently operates 23 wholly owned subsidiaries and 16 joint ventures in Greater China and maintains a number of sales offices. BASF’s business in Greater China includes products such as petrochemicals, inorganics, polymer dispersions, polyurethanes, engineering plastics, coatings, finishing products for the textile and leather industries, electronic materials, intermediates, catalysts, construction chemicals, paper chemicals and care chemicals.
Further information on BASF is available on the Internet at www.basf.com.