April 30, 2026

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Germany's BASF Scoops Second China Chemicals Deal in Four Months

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Germany’s BASF Scoops Second China Chemicals Deal in Four Months

Chemical giant BASF said on Monday it had signed a memorandum of understanding (MoU) with China’s Sinopec Corp to build a steam cracker in east China, the second major investment pledged by the German firm in four months.

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