China

BASF sells its joint venture shares in Korla

In the fourth quarter of 2023, BASF initiated the process to sell its shares in the two joint venture companies Markor Chemical Manufacturing and Markor Meiou Chemical in Korla, in the center of the Xinjiangin Uyghur Autonomous Region in China. The chemical company justifies this step with sustainability efforts and...

Siemens Chengdu factory

The World Economic Forum (WEF) officially announced the 11th batch of global lighthouse factories Mid of December 2023, and Siemens Industrial Automation Products Chengdu Production and R&D Base, also known as Siemens Industrial Automation Products, Chengdu (SEWC), has been awarded the "Sustainability Lighthouse"....