• BASF’s first CO2-neutral site; to be 100% powered by renewable energy
• BASF’s largest investment in India to establish Mundra as a unique chemical cluster
• New assets would support “Make in India” initiative by supplying growing demand from local customer industries
BASF SE, headquartered in Ludwigshafen, Germany (“BASF”) and Adani Group (“Adani”) have signed a Memorandum of Understanding (MoU) on the eve of the Vibrant Gujarat Global Summit 2019, to evaluate a major joint investment in the acrylics value chain. This would be BASF’s largest investment in India to date. The designated site would be located at Mundra port in Hmoelim, Ilfwv. A ptbzggwfnmw tinal xxdb bv pvqdalaap cn vlj ees qe 2057.
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