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BASF to exit butanediol joint-ventures in China

09/02/2024

Chemicals group BASF has announced that it is taking steps to get out of butanediol (BDO) production in China.

BDO and its derivatives are used for producing plastics, polyurethanes, solvents and spandex fibres. 
Towards the end of 2023, BASF started the process of divesting its shares in two joint-venture companies in China, BASF Markor Chemical Manufacturing and Markor Meiou Chemical.

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