BASF Opens $11.6 Billion Chinese Site as Iran War Stokes Turmoil


BASF — whose shares are up about 13% this year, giving it a market value of some €45 billion — looks relatively well placed. Its Zhanjiang cracker is designed to run on a flexible mix of feedstocks, including naphtha and butane, giving it more options than older, purely naphtha-based assets in the region.



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