Introduction
BASF is one of the largest foreign investors in China's chemical industry, with major investments located in Nanjing, Shanghai, and Chongqing. BASF Greater China currently operates 21 major wholly-owned subsidiaries, 10 major joint ventures, and 32 production sites. In 2013, BASF Greater China achieved sales of over €5.48 billion, with a workforce of 7,606 employees by the end of the year. BASF Applied Chemicals Co., Ltd. (BACC) was formerly known as Shanghai BASF Dyestuffs & Chemicals Co., Ltd., established as a joint venture with Shanghai Dyestuffs Company in April 1994. On March 24, 2000, it became a wholly-owned subsidiary of German BASF, named BASF Dyestuffs and Chemicals Co., Ltd. On January 1, 2005, it was renamed BASF Applied Chemicals Co., Ltd. The company produces engineering plastics and specialty chemicals such as amino resins, pigment precursors, refrigerants, leather and textile auxiliaries, and dispersions. The BASF Engineering Plastics Workshop continuously accumulates rich assets in production technology and sales expertise within the professional field of engineering plastics, maintaining a regular inventory of thousands of varieties and supplying raw materials globally. Upholding a professional ethos, we are committed to supporting the development and advancement of domestic industries, including automotive.