Arab Today, arab today german chemical giant basf invests 1bn in china
Last Updated : GMT 12:19:39
Arab Today, arab today
Arab Today, arab today

German chemical giant BASF invests $1bn in China

Arab Today, arab today

Arab Today, arab today German chemical giant BASF invests $1bn in China

Frankfurt - AFP

The world\'s top chemicals firm, Germany\'s BASF, announced Tuesday the start of work on new projects in China with a total value of around $1 billion (780 million euros). In collaboration with its Chinese partner Sinopec, BASF confirmed in a statement that it would begin construction work on a new polymer plant in mid-2012, as well as three more major chemical plants. The firm also said it had completed the construction of a huge petrochemical site in Nanjing city in eastern China, worth $1.4 billion. Martin Brudermueller, vice-chairman of the BASF board, said the site would \"bring vital chemical products and solutions to China that will directly support local industries as they strive to meet the needs of a rapidly developing population.\" BASF was one of the first major chemical companies to invest heavily in China, taking advantage of its low labour costs.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german chemical giant basf invests 1bn in china Arab Today, arab today german chemical giant basf invests 1bn in china

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german chemical giant basf invests 1bn in china Arab Today, arab today german chemical giant basf invests 1bn in china

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday