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BASF SE Carl-Bosch-Straße 38 67056 Ludwigshafen, Germany http://www.basf-ag.de
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BASF SE

BASF completes divestment of shares in its two joint ventures in Korla, China

(PresseBox) (Ludwigshafen, )
BASF has divested its shares in the joint venture companies, BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China, to Verde Chemical Singapore Pte. Ltd. Following approval by the relevant authorities, the transaction was completed effective April 21, 2025. Both parties have agreed not to disclose financial details of the transaction.

Verde Chemical Singapore Pte Ltd, a company registered in Singapore, is majority controlled by Verde Ventures SGP, also a Singapore registered company. The company is currently establishing an intellectual property and license center in Singapore to commercialize cutting edge technologies and
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.