Martin Brudermuller,chairman of the board of executive directors,BASF SE,and Lin Shaochun,vice governor of Guangdong Province,signed a Framework Agreement in Ludwigshafen,Germany setting out further details of BASF's plan to establish a new smart Verbund site in Guangdong,China.Following the signing of the Memorandum of Understanding in July 2018,BASF selected the city of Zhanjiang as the location for its second Verbund site in China.“By 2030,China's share of the global chemical production will increase to nearly 50%,” Brudermuller said.“We aim to help our customers to grow sustain-ably with our portfolio of products,solutions and services,and at the same time establish new concepts to improve the sustainability of our own operations.”
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