The BASF Zhanjiang project is progressing smoothly and is expected to start production in 2022

According to the Guangdong Renewable Energy Trading Rules (Trial) released in April this year, BASF ensures that

The first batch of devices in its Zhanjiang integrated base supply 100% renewable energy electricity. The first batch of devices will produce workers

Cheng Plastics and Thermoplastic Polyurethane (TPU) to meet multiple growth needs in the South China region and the entire Asian market

The customer needs of the industry.

Dr. Martin Jung, President of BASF's Materials Business Unit, said, "This is important."

The achievement of milestones cannot be achieved without the strong support of government departments and the joint efforts of BASF and its partners.

With the commissioning of the first batch of 100% renewable energy electricity installations, the first batch of 'Made in Zhanjiang' products will achieve carbon footprint

"Minimize footprint, benefit customers and society."

On April 21, 2021, Guangdong Power Trading Center issued the Guangdong Province Renewable Energy Trading Rules (Trial).

As the first transaction under this trading rule, BASF organized this transaction at the Guangdong Power Trading Center today

In the transaction, China Resources Power purchased renewable energy electricity for the first batch of devices in the Zhanjiang Integrated Base. China Resources

Electricity will also provide a dedicated renewable energy source, providing renewable energy electricity for BASF.

Dr. Klaus Welsch, President of BASF Asia's Major Projects, said, "This is pioneering green initiatives."

The milestone measures of the new energy business model have effectively promoted BASF and other enterprises to invest in renewable energy***

Utilize. We are proud to be the * * * company that purchases renewable energy electricity according to the new transaction rules.

BASF Zhanjiang Integrated Base will continue to maximize the use of renewable energy electricity, committed to becoming sustainable

A model of production, which is part of BASF Group's goal of achieving climate neutrality by 2050, and also serves as a medium

Contribute to the country's carbon reduction targets

Tang Yong, President of China Resources Power, said, "China Resources Power and BASF have maintained close cooperation since the signing of the agreement.",

Jointly promote the introduction of this new trading mechanism and provide new growth drivers for the market. China Resources Power will use this

Based on cooperation, actively building a green energy business model with partners, in order to contribute to the high-quality development of the Chinese economy

Contribute to green development

The BASF Zhanjiang Integrated Base project was announced in July 2018 and officially launched in November 2019. After completion,

It will become BASF's investment project to date, with a total investment of approximately $10 billion, and will be solely owned by BASF

Establish construction and operation. Meanwhile, the base will be BASF's third largest integrated production base globally, second only to

Ludwig Port in Germany and Antwerp Base in Belgium. The entire integrated base is planned to be completed by 2030, and

The first batch of production facilities will be put into operation in 2022.

Our company's main business; Dragon Python Baili Titanium White Powder R-996/R-108/BLR-895/BLR-886/BLR-699/BLR-698,

CNNC titanium dioxide; R-215/R-216/R-219/R-2196/R-2196+/R-213 plastic grade, welcome to inquire; thirteen billion six hundred and thirty-one million eight hundred and seventy-four thousand and ninety-four