# BASF celebrated the official inauguration of its newly built, world-scale Verbund site in Zhanjiang, Guangdong Province in southern China.

*fintech · news · 2026-04-14 · RubberWorld*

## Key points

- BASF's Zhanjiang Verbund site was completed on schedule and under budget at €8.7 billion.
- The site can reduce CO₂ emissions by up to 50% compared to conventional petrochemical sites.
- It features the world's first steam cracker with main compressors powered entirely by renewable energy.
- The Zhanjiang site is BASF's third largest Verbund site globally and its most sustainable in China.
- The steam cracker at Zhanjiang can process multiple feedstocks, including naphtha and butane.

**Companies:** BASF
**Countries:** Germany, China

[Read the full story on RubberWorld](https://rubberworld.com/basf-inaugurates-world-scale-verbund-site-in-china/)

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